Rybak Development Secures $5.82M Refinance Loan For Development Site At 248 East 62nd Street

The property involved in this transaction is a development site located at 248 East 62nd Street in the Lenox Hill market. The asset spans 7,178 square feet and is associated with a refinance loan amounting to $5,820,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $5,820,000
• Loan Type: Refinance
• Lender: BHI
• Landlord: Rybak Development
• Brokers: Scott Miller, Rael Gervis & Eliezer Finkel - Meridian Capital Group

The key individuals involved in this transaction include Scott Miller, Sergey Rybak, and Rael Gervis, who are associated with the brokerage, Meridian Capital Group. Sergey Rybak represents Rybak Development in this transaction.