LMF Commercial Refinances Mixed-Use Property In Upper Manhattan For $10M | 3820 Broadway | LMF Commercial | Isaac Sternhill | Mixed-use | Loan

Summary

Loan

NEW YORK

Mixed-use

33,680 sqft

The mixed-use property located at 3820 Broadway in Upper Manhattan has recently undergone a loan refinancing transaction. The property spans a total of 33,680 square feet and is situated in a vibrant market area. The loan is provided by LMF Commercial, a subsidiary of Lennar Co., and the representative handling the deal is Nihad Choudhury. The loan amount for this refinancing deal is $10,000,000.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $10,000,000
Loan Type: Refinance
Loan Terms: CMBS, 10-year fixed, full term IO, 73% LTV
Market: Upper Manhattan
Address: 3820 Broadway
Size: 33,680 square feet

Isaac Sternhill from IS Realty LLC represented the borrower in this transaction.

Players

All
2

Agents
1
Lenders
1

Isaac Sternhill

Senior Vice President

LMF Commercial

Details

Deal Summary

FINANCED

IMAGE: Nihad Choudhury DATE: 02/23/2022 ADDRESS: 3820 Broadway MARKET: Upper Manhattan ASSET TYPE: Mixed-use ~ SF: 33,680 LENDER: LMF Commercial (A Lennar Co.) - Nihad Choudhury (@NihadChy) BROKER: Isaac Sternhill - IS Realty LLC LOAN AMOUNT: $10,000,000 LOAN TYPE: Refinance LOAN TERMS: CMBS: 10-yr fixed, full term IO, 73% LTV

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Address3820 Broadway

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