Steven Elghanayan's EPIC LLC Secures $15M Refinance Loan For Tribeca Multifamily | 217-219 West Broadway | Sterling Bank | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

26,981 sqft

An residential elevator building with seven units located at 217-219 West Broadway in Tribeca, Manhattan has secured a $15 million refinancing loan from Sterling Bank & Trust. The loan was obtained by EPIC LLC, led by Steven Elghanayan, the landlord of the property.

Summary of transation details:

Property Type: Multifamily
Transaction Amount: $15,000,000
Square Footage: 26,981
Units: 7
Lender: Sterling Bank & Trust
Landlord: Steven Elghanayan

EPIC LLC, managed by Steven Elghanayan, successfully acquired a $15 million refinancing loan from Sterling Bank & Trust to facilitate the property's ongoing capital requirements.

Players

All
1

Lenders
1

Sterling Bank

Details

Deal Summary

FINANCED

IMAGE: 01/18/2024 ADDRESS: 217-219 West Broadway MARKET: Tribeca, Manhattan ASSET TYPE: Multifamily ~ SF: 26,981 ~ UNITS: 7 LENDER: Sterling Bank & Trust (@MySterlingBank) LANDLORD: Steven Elghanayan LOAN AMOUNT: $15,000,000 LOAN TYPE: Refinance NOTE: EPIC LLC, led by Steven Elghanayan, has secured a $15 million refinancing loan from Sterling Bank & Trust for a seven-unit residential elevator building at 217-219 West Broadway in Tribeca, Manhattan.

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Address217-219 West Broadway

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