FINANCED
Urban Standard Capital Provides $51.8M Refinance Loan For Condo On Chrystie Street
199 Chrystie Street
34,596 SF
Financed 1 year ago
Summary
Loan
NEW YORK
34,596 sqft
The property involved in this closed transaction is a condo located at 199 Chrystie in the Lower East Side. The property has a size of approximately 34,596 square feet.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $51,792,500
- Address: 199 Chrystie
- Market: Lower East Side
- Lender: Urban Standard Capital
- Loan Type: Refinance
The lender for this transaction was Urban Standard Capital. The loan amount was $51,792,500 and it was structured as both senior financing and mezzanine financing. The loan had flexible release prices and a floating rate that decreases over the term. Seth Weissman, Charlie Brosens, Robert Levine, Bean, and Jeremy Plofker represented Urban Standard Capital in this deal.
For more information about USC's lending program, you can email Charlie at [email protected] and Robert at [email protected].
Players
All
1
Lenders
1
Details
FINANCED
IMAGE: Seth Weissman, Charlie Brosens, Bean, Robert Levine & Jeremy Plofker
DATE: 01/19/2022
ADDRESS: 199 Chrystie
MARKET: Lower East Side
ASSET TYPE: Condo ~ SF: 34,596
LENDER: Urban Standard Capital (@USC_NYC) - Seth Weissman, Charlie Brosens, Robert Levine (@RLevine1818), Bean & Jeremy Plofker (@JPlofker)
LOAN AMOUNT: $51,792,500
LOAN TYPE: Refinance
NOTES FROM @USC_NYC: Urban Standard Capital's loan was structured as both senior financing & mezzanine financing with flexible release prices & a floating rate that decreases over the term of the loan.
To learn more about USC's lending program, email Charlie ([email protected]) & Robert ([email protected]).View on map
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Address199 Chrystie Street
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