Cooper-Horowitz Arranges $10.4M Construction Loan For Development Site In Pelham | 139 5th Avenue | Jake Lapidot | Development Site | Loan

Summary

Loan

NEW YORK

Development Site

44,890 sqft

A development site located at 139 5th Avenue in Pelham has been sold in a closed transaction. The property, which includes retail space, consists of 28 residential units and has a built-up square footage (BSF) of 44,890. The transaction took place on October 29, 2021.

Summary of transaction details:

Property Type: Development Site
Address: 139 5th Avenue, Pelham
Market: Pelham
BSF: 44,890
Units: 28 residential units + retail
Loan Amount: $10,400,000
Loan Type: Construction Loan

The lender involved in this transaction is BHI USA, providing a construction loan of $10,400,000. The broker representing the deal is Jake Lapidot from Cooper-Horowitz.

Players

All
2

Agents
1
Agencies
1

Jake Lapidot

Real Estate Agent

$7.3M Sold

Cooper Horowitz

Details

Deal Summary

FINANCED

IMAGE: Jake Lapidot DATE: 10/29/2021 ADDRESS: 139 5th Avenue MARKET: Pelham ASSET TYPE: Development Site ~ BSF: 44,890 UNITS: 28 residential units + retail LENDER: BHI USA BROKER: Jake Lapidot (@JakeLapidot18) - Cooper-Horowitz LOAN AMOUNT: $10,400,000 LOAN TYPE: Construction Loan

View on map

Address139 5th Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want