BridgeInvest Provides $35M Acquisition Loan For Mixed-Use Property At 580 Broadway In Manhattan | 580 Broadway | BridgeInves & An Overseas Lender | Steven Buchwald, Matthew Polci, Justin Michael Natalizio | Mixed-use | Loan

Summary

Loan

NEW YORK

Mixed-use

141,645 sqft

The mixed-use property located at 580 Broadway in Manhattan has undergone a recent transaction on March 18, 2022. This property spans a total area of 141,645 square feet, making it an attractive asset for potential buyers.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $35,000,000
Address: 580 Broadway
Market: Manhattan
Lender: BridgeInvest
Brokers: Justin Natalizio, Eric Michael Anton, Matthew Polci, and Steven Buchwald - Marcus & Millichap

In this acquisition deal, BridgeInvest provided a loan amounting to $35,000,000. The loan enabled the buyer to secure the mixed-use property and proceed with the transaction. Justin Natalizio, Eric Michael Anton, Matthew Polci, and Steven Buchwald, all representing Marcus & Millichap, played crucial roles as brokers in facilitating this deal.

Players

All
6

Agents
3
Agencies
2
Lenders
1

Steven Buchwald

Senior Managing Director

Matthew Polci

Senior Vice President

Justin Michael Natalizio

First Vice President

$438.4M Sold

Marcus & Millichap

Institutional Property Advisors

BridgeInves & An Overseas Lender

Details

Deal Summary

FINANCED

IMAGE: Matthew Polci, Steven Buchwald, Eric Michael Anton & Justin Natalizio DATE: 03/18/2022 ADDRESS: 580 Broadway MARKET: Manhattan ASSET TYPE: Mixed-use ~ SF: 141,645 LENDER: BridgeInvest BROKERS: Justin Natalizio (@Sir_Natalizio), Eric Michael Anton (@EricMichaelAnton), Matthew Polci (@IdolciPolci) & Steven Buchwald (@AgentBuch6) - Marcus & Millichap (@MMCapCorp) LOAN AMOUNT: $35,000,000 LOAN TYPE: Acquisition

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Address580 Broadway

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