F&K Properties Management Refinances Medical Office At 589 11th Avenue For $5.6M

The asset involved in the transaction is a medical office located at 589 11th Avenue in Hell’s Kitchen, Manhattan. The property was refinanced with a loan amount of $5,600,000 provided by Hudson Valley Credit Union, replacing prior debt from Gazivoda Realty.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $5,600,000
• Lender: Hudson Valley Credit Union
• Landlord: Fation Syla - F&K Properties Management
• Loan Type: Refinance
• Date of Transaction: 06/10/2025
• Market: Hell’s Kitchen, Manhattan

F&K Properties Management, represented by Fation Syla, successfully secured refinancing for the property, facilitating the transition of the loan from Gazivoda Realty to Hudson Valley Credit Union.