Pielet Bros Construction Acquires Multifamily Property In Central Harlem For $3.45M

The multifamily property located at 145 West 123rd Street in Central Harlem has been involved in a closed transaction. The property spans 12,895 square feet and consists of 12 units. The deal was facilitated by broker Matt Swerdlow from ArielPA.NYC on behalf of the buyer or seller.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,450,000
• Lender: TD Bank
• Landlord: Pielet Bros Construction – Uri & Yoni Pielet
• Broker: Matt Swerdlow – ArielPA.NYC
• Loan Terms: 2.8%, 5 Year Fixed, 30 Year Amortization

The lender involved in the transaction is TD Bank. The property is owned by Pielet Bros Construction, specifically Uri & Yoni Pielet. Matt Swerdlow from ArielPA.NYC represented the buyer or seller in the deal. The loan amount for the transaction was $3,450,000, and the loan terms are 2.8% interest, 5-year fixed, with a 30-year amortization period.