LMF Commercial (A Lennar Co.) Provides $8.95M CMBS Refinance Loan For Mixed-Use Building In Upper Manhattan

3450 Broadway

Mixed-use

27,799 SF

Financed 1 year ago

Summary

Loan

NEW YORK

Mixed-use

27,799 sqft

Located at 3450 Broadway in Upper Manhattan, this mixed-use property spans across 27,799 square feet. The transaction involved a refinance loan.

Summary of transaction details:

Property Type: Mixed-use
Transaction Amount: $8,950,000
Loan Type: Refinance
Loan Terms: CMBS: 10-yr fixed, full term IO, 69.9% LTV

Nihad Choudhury from LMF Commercial, a Lennar Co., served as the lender for this transaction. Representing the borrower, Isaac Sternhill from IS Realty LLC acted as the broker.

Players

All
2

Agents
1
Lenders
1

Isaac Sternhill

Senior Vice President

LMF Commercial

Details

Deal Summary

FINANCED

IMAGE: Nihad Choudhury DATE: 01/19/2022 ADDRESS: 3450 Broadway MARKET: Upper Manhattan ASSET TYPE: Mixed-use ~ SF: 27,799 LENDER: LMF Commercial (A Lennar Co.) - Nihad Choudhury (@NihadChy) BROKER: Isaac Sternhill - IS Realty LLC LOAN AMOUNT: $8,950,000 LOAN TYPE: Refinance LOAN TERMS: CMBS: 10-yr fixed, full term IO, 69.9% LTV

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Address3450 Broadway

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