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<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F193cace3-8916-4409-8e1b-31fde83ef61a%2Fdc7e2d17-d843-46d4-93c3-800ca1da2c56" onerror="this.style.display='none'" alt="655 Burke Avenue Image" style="object-fit: cover; width: 200px;" />
 Mixed Use / Retail 
 
 655 Burke Avenue
 
 Bronx, NY 
 By Meridian Capital Group

 <a href="/user/b5d377d3-6b30-460f-8db2-4770eb063c5a" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Shallini Mehra</a>
 
 Managing Director
 
 
 <a href="tel:(212) 468-5958" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(212) 468-5958</a>
 

 <a href="https://platform.reverecre.com/project/193cace3-8916-4409-8e1b-31fde83ef61a" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

Meridian has arranged financing for many of the country’s leading real estate investors and developers. The experts on our in-house underwriting and placement teams tailor creative, best-in-class solutions for our clients’ unique needs.

Clients benefit from our long-standing relationships with more than 250 traditional and non-traditional lenders, including local, regional, and national banks; CMBS lenders; agency lenders; mortgage REITs; life insurance companies; credit unions; private equity funds; and other specialty finance firms.

Service is Meridian’s hallmark, which in tandem with substantial experience across our three divisions has allowed us to achieve the most accretive and creative solutions for our clients in a seamless process that maximizes value at every step. Meridian’s clients also benefit from our unparalleled, real-time market intelligence and our deep relationships with a full array of local, national, and international buyers, enabling us ot target a subset of the most likely buyers of any given property.

Meridian’s investment sales division distinguishes itself with our intimate knowledge of New York City real estate, having a detailed understanding of not only how tenancies and cash flows drive value, but also how zoning, land use, air rights, and alternative uses are integral parts of a property’s economics.

Meridian’s retail leasing team understands the market, knows the active operators, and cultivates targeted opportunities for each asset to achieve favorable results for our clients. Our retail leasing knowledge is further supported by the company’s unparalleled access to information and comparables via the firm’s debt capital markets and investment sales businesses, providing clients with exceptional service and in-depth market insights.

Senior Executive Managing Director

Managing Director

Financial Analyst

Marketing Associate

Located on the NE Corner of Burke & Barker Avenues | 53,016 SF 

Rent Stabilized | Average Monthly Rent: $1,355

$300K Spent on CapEx in the Past 12 Months

Sales Team

Built in 1927, 655 Burke Avenue (AKA 3200 Barker Avenue) is a 6-story corner elevator apartment building that has 53,016 SF and includes 58 apartments & 2 stores. Located on the NE corner of Burke Avenue and Barker Avenue, the property is walking distance to New York Botanical Garden, Van Cortlandt Park, Fordham University and Montefiore Hospital. Nearby subways include the 2 & 5 Trains on Burke Avenue and D Train on Norwood.

Shallini Mehra joined Meridian Investment Sales in August 2018 as a Managing Director. Ms. Mehra was previously with a boutique investment sales firm, where she spent 16 years. She has successfully completed more than $1 billion in real estate transactions across all asset classes including multifamily stabilized assets, mixed use, commercial, retail, SRO's, development, affordable housing, note sales, air rights, residential coops and condos. Her background in finance and strong analytical skills combined with her tenacious nature and diplomacy has proven highly beneficial to her clients in achieving their real estate goals. 

Her prior experience includes three years in investment banking at J.P. Morgan, where she worked in various groups including Real Estate and Lodging, Syndicated Finance and Telecom, and Media and Technology. Before J.P. Morgan, Ms. Mehra spent four years with Arthur Andersen in its Audit & Business Advisory Practice working with Financial Institution clients. 

Ms. Mehra graduated from Binghamton University with a B.S in Accounting and received her MBA from The Leonard N. Stern School of Business at New York University. Ms. Mehra is a member of The Real Estate Board of New York (REBNY), Community Housing Improvement Program (CHIP) and the Young Men's / Women's Real Estate Association of New York (YMWREA).

Overview

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