George Makkos Secures $14M Refinance Loan From Preferred Bank For SoHo Properties

Located in SoHo, Manhattan, the mixed-use properties at 67 Greene Street and 65 Greene Street have a total building square footage of 25,620 and land square footage of 21,321. George Makkos, the landlord, recently secured a $14 million refinance loan from Preferred Bank for these two properties. The loan will be used for a four-unit building at 67 Greene Street and a three-unit building at 65 Greene Street.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $14,000,000
• Address: 67 Greene Street & 65 Greene Street
• Market: SoHo, Manhattan
• Lender: Preferred Bank - Sylvia Tseng
• Landlord: George Makkos
• Loan Type: Refinance

George Makkos, who represented himself in the deal, successfully secured the $14 million refinance loan from Preferred Bank. Sylvia Tseng from Preferred Bank facilitated the loan as the lender for the mixed-use properties in SoHo, Manhattan. The properties consist of a total of seven units spread across the two buildings, providing a lucrative investment opportunity for George Makkos.