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670 Ninth Avenue
FINANCED

Derby Copeland Capital Closes $3.25M Acquisition Loan For Mixed-Use Building In Hell's Kitchen

670 Ninth Avenue

Mixed-use
8,010 SF
clock iconFinanced 1 year ago
Jonathan Kimiabakhsh
Shamir Seidman
Daniel Neiss
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Summary

Loan
NEW YORK
Mixed-use
8,010 sqft

The first-priority mortgage loan for the mixed-use building located at 670 Ninth Avenue in Hell's Kitchen, Manhattan has been closed by Derby Copeland Capital. The property, which encompasses 8,010 square feet, consists of eight residential units, of which 75% are free market, and one retail unit.

Summary of transation details

Derby Copeland Capital, a New York City-based private equity firm specializing in opportunistic real estate related debt financing and equity investments, provided the financing for the transaction. For any loan, preferred equity, and equity opportunities, please contact [email protected].

Players

  • All

    5

  • Agents

    3

  • Agencies

    1

  • Lenders

    1

Jonathan Kimiabakhsh's profile picture
Jonathan Kimiabakhsh
Meridian Capital Group-image
Analyst
Shamir Seidman's profile picture
Shamir Seidman
Meridian Capital Group-image
Vice President
$6.4M Sold
Daniel Neiss's profile picture
Daniel Neiss
Meridian Capital Group-image
Vice President
Meridian Capital Group's profile picture
Meridian Capital Group
Meridian Capital Group
Derby Copeland Capital's profile picture
Derby Copeland Capital
Derby Copeland Capital

Details

Deal Summary
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FINANCED
IMAGE: Shamir Seidman & Daniel Neiss DATE: 02/16/2022 ADDRESS: 670 Ninth Avenue MARKET: Hell's Kitchen, Manhattan ASSET TYPE: Mixed-use ~ SF: 8,010 LENDER: Derby Copeland Capital BROKERS: Shamir Seidman, Jonathan Kimiabakhsh & Daniel Neiss - Meridian Capital Group LOAN AMOUNT: $3,250,000 LOAN TYPE: Acquisition Loan NOTE FROM LENDER: Derby Copeland Capital closed the first-priority mortgage loan secured by the mixed-use building located at 670 Ninth Avenue. The property has eight residential units (75% free market) & one retail unit. Derby Copeland Capital is a New York City based private equity firm that specializes in opportunistic real estate related debt financing & equity investments. Please send any loan, preferred equity & equity opportunities to [email protected].

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Address670 Ninth Avenue

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