Hanover Capital NY Provides $13,320,000 Bridge Loan For Manhattan Multifamily At 316 East 3rd Street

The asset involved in this transaction is a multifamily property located at 316 East 3rd Street in Manhattan. It encompasses a total square footage of 27,496 and consists of 33 units.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $13,320,000
• Loan Type: Bridge
• Lender: Nir Mor, Isaac Abraham & Rami BenYehuda - Hanover CapitalNY
• Brokers: John Flynn & Clayton Ross - JLL

Key individuals involved in the deal include Nir Mor, Isaac Abraham, and Rami BenYehuda, representing Hanover CapitalNY as the lender, while John Flynn and Clayton Ross facilitated the transaction as brokers from JLL.