Connect One Provides $20M Loan For Harlem Development Site On W. 145th St. - Kunstlinger & Bollag Represent Borrower

Located in Harlem, the development site at 104 W. 145th St., 100-102 W. 145th St., 106-120 W. 145th St., 120-138 W. 145th St., and 140-152 W. 145th St. offers a prime investment opportunity. With a buildable square footage (BSF) of 156,000, this property is perfect for development.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $20,000,000
• Date: 05/25/2021
• Market: Harlem
• Lender: Connect One - Jason Pavon
• Brokers: Elliott Kunstlinger & David Bollag - Meridian Capital Group

Represented by Elliott Kunstlinger and David Bollag from Meridian Capital Group, the successful deal secured a loan amount of $20,000,000 from Connect One, with Jason Pavon acting as the lender. This transaction highlights the collaborative efforts of the brokers and lender in closing this lucrative deal for the development site in Harlem.