Black Mountain Capital Provides $9.6M Acquisition Loan For Residential Apartment At 230 Central Park S., Manhattan

The residential apartment at 230 Central Park S. in Manhattan has been involved in a recent closed property transaction. With a size of approximately 4,500 square feet, this property offers a spacious living space in a prime location.

Summary of transaction details

• Property Type: Residential Apartment
• Transaction Amount: $9,600,000
• Property Size: 4,500 square feet
• Address: 230 Central Park S., Manhattan

The loan for this acquisition was provided by Black Mountain Capital. The lender financed the deal with a loan amount of $9,600,000. The loan terms include 80% leverage and a 5-year fixed interest-only period at a rate of 4.25%. Representing the lender in this transaction is Alex Elezaj from Black Mountain Capital.

According to a note from Black Mountain Capital, they pride themselves on offering steadfast and creative non-traditional financing options. They emphasize that financing doesn't have to be expensive when everyone appreciates the effort involved in seeing a deal through. Congratulations are extended to the new clients, as well as to the teams at BMC and Team Serhant.

If you're looking for financing options that can turn your dream into a reality, you can contact Black Mountain Capital at 646.504.3255.