Sharon & Robert Sternheim Refinance Two Condos On Madison Avenue For $15M | 32 East 76th Street | Bank of America | Condo | Loan

Summary

Loan

NEW YORK

Condo

19,353 sqft

The loan transaction dated on 03/26/2024 involved a condo property located at 32 East 76th Street in Lenox Hill, Manhattan. The asset spans 19,353 square feet and was secured a $15,000,000 refinance loan from Bank of America.

Summary of transaction details:

Property Type: Condo
Transaction Amount: $15,000,000
Address: 32 East 76th Street
Market: Lenox Hill, Manhattan
Lender: Adam Zimmer - Bank of America
Landlord: Sharon Sternheim & Robert Sternheim

Sharon and Robert Sternheim, the owners of Zitomer Pharmacy on the Upper East Side, were the recipients of the $15 million refinance loan provided by Bank of America. The loan was specifically for two retail condominium units at 969 Madison Avenue in Lenox Hill, Manhattan.

Players

All
1

Lenders
1

Bank of America

Details

Deal Summary

FINANCED

IMAGE: 03/26/2024 ADDRESS: 32 East 76th Street MARKET: Lenox Hill, Manhattan ASSET TYPE: Condo ~ SF: 19,353 LENDER: Adam Zimmer - Bank of America (@BankofAmerica) LANDLORD: Sharon Sternheim & Robert Sternheim LOAN AMOUNT: $15,000,000 LOAN TYPE: Refinance NOTE: Sharon and Robert Sternheim, owners of the renowned Zitomer Pharmacy on the Upper East Side, secured a $15 million refinance loan from Bank of America for two retail condominium units at 969 Madison Avenue in Manhattan's Lenox Hill neighborhood.

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Address32 East 76th Street

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