UrbanStandardCap Provides $7M Loan For Development Site At 171 Bowery, LES
171 Bowery
Development Site
15,390 SF
15,390 SF
Financed 1 year ago
Summary
Located at 171 Bowery in the Lower East Side, this development site recently underwent a closed transaction. The property, spanning an impressive 15,390 square feet, was the subject of a deal involving Benjamin Barasch and Seth Weissman. The transaction took place on 04/12/2019 and was facilitated by Eli Terry and Charles Han of JBA Equities.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $7M
- Address: 171 Bowery
- Market: Lower East Side
- Lender: Urban Standard Capital
- Landlord: Grant Shapolsky of Prime Manhattan Development
The loan amount of $7 million was provided by Urban Standard Capital. Grant Shapolsky, representing Prime Manhattan Development, acted as the landlord in this transaction.
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171 Bowery
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