Plymouth Group Secures $5.5M Refinance Loan For Mixed-use Asset In Hell's Kitchen

The asset involved in this transaction is a mixed-use property located at 353 West 56th Street in Hell's Kitchen, Manhattan. The building encompasses a total square footage of 13,735. The loan amount secured for this property is $5,500,000, classified as a refinance.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $5,500,000
• Address: 353 West 56th Street
• Market: Hell's Kitchen, Manhattan
• Lender: Nicholas LaMorte & Joseph E. Fingerman - Peapack Private Bank & Trust
• Landlord: Plymouth Group
• Loan Type: Refinance

Key individuals involved in the transaction include Nicholas LaMorte and Joseph E. Fingerman, who represent Peapack Private Bank & Trust as the lenders. The landlord of the property is the Plymouth Group, providing oversight for the asset.