Cayre Equities Refinances Harlem Industrial Building For $25.5M Loan With TD Bank

Cayre Equities refinanced its loan for an industrial building located at 122 West 146th Street in Harlem, Manhattan. The building has a total square footage of 113,807 and sits on a lot size of 27,336 square feet. The loan was signed on April 17, 2023, with TD Bank for a total amount of $25,500,000. The property was purchased by Cayre Equities for $4.5 million in 2013 and currently has a city-designated market value of $15.3 million.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $25,500,000
• Lender: TD Bank - Nicholas Perpignan
• Landlord: Cayre Equities - Kenneth Cayre
• Address: 122 West 146th Street, Harlem, Manhattan
• Market: Harlem, Manhattan
• Square Footage: 113,807

The loan for this industrial building at 122 West 146th Street in Harlem, Manhattan was refinanced by Cayre Equities. The entity CS 122 West 146th Street LLC facilitated the $25.5 million deal with TD Bank, with Nicholas Perpignan representing the lender. Cayre Equities, led by Kenneth Cayre, serves as the landlord for the property.