CW Realty Refinances 10-Unit Multifamily Property On Upper East Side With $6M Loan From JG Funding Corp

A multifamily property located at 1363 1st Ave. in the Upper East Side neighborhood has recently undergone a refinancing transaction. The property spans approximately 6,000 square feet and consists of 10 units, offering a valuable investment opportunity in the sought-after Upper East Side market. The transaction involved a loan amount of $6,000,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,000,000
• Address: 1363 1st Ave.
• Market: Upper East Side
• Square Footage: 6,000
• Units: 10

Notably, JG Funding Corp provided the loan for this refinancing transaction. As the lender, they played a crucial role in facilitating the deal. CW Realty, on the other hand, serves as the landlord of the property. Their involvement in the transaction further highlights their presence in the real estate market.