Meridian Capital Group Refinances Mixed-Use Property In New York's Murray Hill For $3.55M

The mixed-use property located at 763-765 2nd Avenue in Murray Hill, New York, NY has undergone a refinancing transaction. The loan amount for this deal was $3,550,000, with a fixed interest rate of 5.20%. The loan terms include a 10-year fixed term, with the first two years being interest-only.

Summary of transaction details

• Property Type: Mixed-Use
• Transaction Amount: $3,550,000
• Location: 763-765 2nd Avenue, New York, NY
• Market: Murray Hill
• Landlord: National Investment Realty, LLC – Nir Family

The transaction was facilitated by the brokers David Oheb and John Bianco from the Meridian Capital Group, who represented the parties involved in the deal. Meridian Capital Group, as the most active real estate finance and advisory firm in America, has successfully closed over $55 billion in financing in 2022 across various property types.

For more information regarding their services and how they can add value to your portfolio, you can contact David Oheb at 212-612-0193 or via email at [email protected].