FINANCED
LMF Commercial (A Lennar Co.) Refinances Mixed-Use Property In Upper Manhattan For $3.57M
1835 Amsterdam Avenue
Mixed-use
9,440 SF
9,440 SF
Financed 1 year ago
Summary
Loan
NEW YORK
Mixed-use
9,440 sqft
Located at 1835 Amsterdam Ave in Upper Manhattan, this mixed-use property spans approximately 9,440 square feet. The transaction involved a refinance loan.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,570,000
- Date: 01/19/2022
- Address: 1835 Amsterdam Ave
- Market: Upper Manhattan
The lender in this transaction was LMF Commercial, a subsidiary of Lennar Co., and the loan was facilitated by Nihad Choudhury. The terms of the loan included a 10-year fixed term with full interest-only payments and a loan-to-value ratio of 74%.
Isaac Sternhill from IS Realty LLC acted as the broker representing the parties involved in the deal.
Players
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2
Agents
1
Lenders
1
Details
FINANCED
IMAGE: Nihad Choudhury
DATE: 01/19/2022
ADDRESS: 1835 Amsterdam Ave.
MARKET: Upper Manhattan
ASSET TYPE: Mixed-use ~ SF: 9,440
LENDER: LMF Commercial (A Lennar Co.) - Nihad Choudhury (@NihadChy)
BROKER: Isaac Sternhill - IS Realty LLC
LOAN AMOUNT: $3,570,000
LOAN TYPE: Refinance
LOAN TERMS: CMBS: 10-yr fixed, full IO, 74% LTVView on map
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Address1835 Amsterdam Avenue
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