JBA Equities Refinances Multifamily Property In Upper East Side, Manhattan For $5M

Located at 1641 Park Ave in the Upper East Side of Manhattan, this multifamily property spans approximately 43,000 square feet. The property was recently involved in a loan transaction.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $5,000,000
• Loan Type: Refinance
• Loan Terms: 2.5% for 5 years

The loan, with a total amount of $5,000,000, was secured to refinance the property located at 1641 Park Ave. The loan terms include an interest rate of 2.5% for a duration of 5 years.

The deal was facilitated by Jonathan Aghravi, Eli Terry, Charles Han, and Tim Cox of JBA Equities. They represented the parties involved in the transaction and ensured its successful completion.