Parkview Financial Provides $70M Construction Loan For Development Site On St. Marks Pl. In Midtown South - Real Estate Equities Corp

3 Saint Mark's Place, New York City, New York 10003, United States

$70,000,000

$1,076/SF

Building Size

65,000 SF

Asset Type

Development Site

Closing

Jun 2, 2022

AI

The development site located at 3 St. Marks Pl. in Midtown South has recently been involved in a closed transaction. The property is a development site with a buildable square footage (BSF) of 65,000. The deal involved a construction loan from Parkview Financial.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $70,000,000
Address: 3 St. Marks Pl.
Market: Midtown South
BSF: 65,000

The lender for this transaction was Parkview Financial, providing a construction loan of $70,000,000. The landlord involved in the deal is Real Estate Equities Corp., represented by Brandon Miller, Ted Robottom, Brad Ross, and Brandon Klein.

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