Maurice Mann Acquires Multifamily Property In Harlem With $3.5M Loan From Spencer Savings Bank

Maurice Mann of Mann Realty Associates recently secured a loan for a multifamily property located at 241 Central Park North in Harlem. The loan, provided by Spencer Savings Bank, amounted to $3,500,000.

Summary of transaction details:

• Property Type: Multifamily
• Loan Amount: $3,500,000
• Address: 241 Central Park North, Harlem
• Market: Harlem

In this transaction, Maurice Mann, representing Mann Realty Associates, played a significant role as the landlord of the property. Abe Mann of Progress.Capital acted as the broker in this deal, facilitating the loan process for the multifamily asset at 241 Central Park North.