The mixed use property located at 108 1st Avenue in East Village, Manhattan has been the subject of a recent closed transaction. The property spans approximately 5,535 square feet and consists of both residential and commercial units. The deal involved an acquisition loan, with Derby Copeland Capital providing financing.

Summary of transation details

• Property Type: Mixed Use
• Transaction Amount: $3,700,000
• Market: East Village, Manhattan
• Address: 108 1st Avenue
• Square Footage: 5,535
• Lender: Derby Copeland Capital
• Landlord: Lockhill Properties

Derby Copeland Capital, a New York City based private equity firm specializing in real estate related debt financing and equity investments, acted as the lender in this transaction. They closed the first-priority mortgage loan secured by the property. For any future loan, preferred equity, or equity opportunities, interested parties can reach out to Derby Copeland Capital at [email protected].