Tahari Capital Secures $8.87 Million Acquisition Loan From Esquire Bank For East Harlem Multifamily

The property asset involved in this transaction is a multifamily building located at 1875 Lexington Avenue, East Harlem, Manhattan. It consists of 29,995 square feet and contains 38 units. The acquisition loan for this property amounts to $8,875,000, facilitated by Esquire Bank.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,875,000
• Address: 1875 Lexington Avenue
• Market: East Harlem, Manhattan
• Asset Size: 29,995 SF
• Units: 38
• Lender: Esquire Bank
• Landlord: Jeremey Tahari - Tahari Capital
• Brokers: Jordan Sutton, Adam Croman & Jaden Lander - Tahari Realty
• Loan Type: Acquisition Loan

The financing for Tahari Capital was arranged by the capital advisory group at Tahari Realty, which specializes in various aspects of real estate brokerage including Investment Sales, Retail Leasing, Office Leasing, Capital Advisory, and Luxury Residential Apartment Dispositions. The team includes Adam Croman, Partner & COO, and Jaden Lander, Real Estate Analyst.