Meridian Capital Group Brokers $5.12M Acquisition Loan For Mixed-use Property In East Village, Manhattan

Tamir Kazaz, Morris Betesh, and Jack McPhail of Meridian Capital Group represented the parties involved in the acquisition loan transaction for a mixed-use property located at 171 1st Avenue in the East Village, Manhattan. The property consists of four apartments and one commercial restaurant, totaling approximately 10,674 square feet.

Summary of transaction details

• Property Type: Mixed-use (4 Apartments & 1 Commercial Restaurant)
• Transaction Amount: $5,120,000
• Loan Type: Acquisition

The brokers from Meridian Capital Group, Tamir Kazaz, Morris Betesh, and Jack McPhail, played a key role in facilitating the loan process and representing the parties involved in the transaction. Their expertise and negotiation skills contributed to the successful acquisition of the property at 171 1st Avenue.