Galaxy Capital Facilitates $112M Construction Loan For Mixed-Use Property On West 153rd St

The mixed-use property located at 620 West 153rd Street in New York City has recently undergone a closed transaction involving a construction loan. The property spans across 223,147 square feet, offering a versatile space suitable for multiple purposes.

Summary of transation details

• Property Type: Mixed-Use
• Transaction Amount: $112,000,000
• Address: 620 West 153rd Street
• Market: New York City
• Landlord: ABS&Sons, The Jay Group, Aini Assets
• Broker: Henry Bodek - Galaxy Capital

Henry Bodek from Galaxy Capital played a pivotal role in facilitating this transaction as the broker representing the interested parties. The property owners, including ABS&Sons, The Jay Group, and Aini Assets, recognized the potential of this mixed-use asset and sought a construction loan of $112,000,000 to unlock its value.