Sterling National Bank Provides $7M Loan For Nolita Retail Condo

The retail condo located at 201 Mulberry Street in Nolita has recently been involved in a closed transaction. The property, spanning 4,500 square feet, was sold for a loan amount of $7,000,000. The asset type of the property is a retail condo, and it is situated in the Nolita market.

Summary of transation details

• Property Type: Retail Condo
• Transaction Amount: $7,000,000
• Address: 201 Mulberry Street
• Market: Nolita

The transaction was facilitated by Sterling National Bank, who provided the loan for the purchase. The property's landlords, Henry Hay and Kamran Hakim, were represented by Jonathan Aghravi from the brokerage firm @JonnyAghravi and Charles Han. This deal showcases the collaboration between the buyers, sellers, lenders, and brokers involved in the transaction.