Global One Investments Refinances Multifamily Property At 3240 Henry Hudson Parkway For $22.4M

The asset involved in the transaction is a multifamily property located at 3240 Henry Hudson Parkway in the Bronx. It encompasses 163,197 square feet across 108 units and has a building square footage of 220,400. The property was refinanced for a total loan amount of $22,400,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $22,400,000
• Address: 3240 Henry Hudson Parkway
• Market: Bronx
• Asset Size: 163,197 SF
• Units: 108
• Building Square Footage: 220,400
• Lender: Citibank
• Landlord: Global One Investments
• Loan Type: Refinance

Global One Investments, through Henry Hudson Nelson Apartments LLC, engaged in this refinancing to replace prior debt held by Flagstar Bank, indicating a strategic move to manage their financial obligations concerning the property.