First Republic Bank Provides $5.84M Acquisition Loan For Mixed-Use Property In East Village | 159 1st Avenue | New York Community Bank | Ross Reiffman, Bryan Geffen | Mixed-use | Loan

Summary

Loan

NEW YORK

Mixed-use

16,560 sqft

Located in the East Village, the mixed-use property at 341 & 437 East 9th Street has been recently involved in a closed transaction. The property spans approximately 15,000 square feet and is a notable asset in the area.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $5,840,000
Market: East Village
Loan Type: Acquisition

The loan for this transaction was provided by First Republic Bank. The landlord of the property is Alex Jaehek. Facilitating the deal, Michael Lee from HKS Real Estate Advisors represented the buyer as the broker. The acquisition loan amount was $5,840,000.

Players

All
5

Agents
2
Agencies
2
Lenders
1

Meridian Capital Group

New York Community Bank

Details

Deal Summary

FINANCED

IMAGE: Michael Lee DATE: 06/24/2022 ADDRESS: 341 & 437 East 9th Street MARKET: East Village ASSET TYPE: Mixed-use ~ SF: 15,000 LENDER: First Republic Bank LANDLORD: Alex Jaehek BROKER: Michael Lee - HKS Real Estate Advisors (@HKSRealEstateAdvisors) LOAN AMOUNT: $5,840,000 LOAN TYPE: Acquisition

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Address159 1st Avenue

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