Carter Sackman Of Sackman Enterprises Secures $10.69M Refinance Loan For Manhattan Multifamily Properties

The transaction involves a multifamily asset comprising four walkup buildings located at 203 West 84th Street, 730 10th Avenue, and 732 10th Avenue in Manhattan. The total square footage is 25,091, with 35 residential units. The refinancing deal was closed for a loan amount of $10,690,000.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $10,690,000
• Asset Square Footage: 25,091
• Total Units: 35
• Market: Manhattan
• Lender: J.P. Morgan Chase
• Landlord: Carter Sackman - Sackman Enterprises
• Loan Type: Refinance

Sackman Enterprises executed the refinance through Marsac Realty LLC, facilitating the closure of this deal with JPMorgan Chase, which encompasses properties situated across the Upper West Side and Hell’s Kitchen neighborhoods.