Moujan Vahdat Of ELMO Realty Co. Inc. Secures $17.5M Refinance On Mixed-Use Property In Manhattan

A mixed-use property located at 2105-2109 1st Avenue in Manhattan has a total square footage of 47,636 and includes 67 units. The property was refinanced for a total loan amount of $17,500,000.

Summary of transation details:

• Property Type: Mixed-use
• Transaction Amount: $17,500,000
• Loan Type: Refinance
• Lender: Eric Mirvis - Citi
• Landlord: Moujan Vahdat - ELMO Realty Co. Inc.
• Brokers: Isaac Filler, Yossi Koschitzki & Michael Neumann - Filler Capital

The refinancing was facilitated by Filler Capital LLC on behalf of Moujan Vahdat of Elmo Realty Co. Inc., with Eric Mirvis representing Citi in the transaction. The deal showcases the strength of lender relationships and the ability to structure financing solutions that meet client objectives.