The property involved in this transaction is a multifamily residential building located at 360 East 72nd Street in the Lenox Hill neighborhood of Manhattan. The asset encompasses a total square footage of 560,525 and consists of 460 units. The building has been refinanced through a loan transaction.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $42,000,000
• Address: 360 East 72nd Street
• Market: Lenox Hill, Manhattan
• Lender: Bank of America
• Landlord: 360 East 72nd Street Owners Incorporated
• Loan Type: Refinance
• Previous Debt: $30,000,000 Fannie Mae debt

The refinance was executed by 360 East 72nd Street Owners Incorporated, which secured the loan from Bank of America to replace an existing debt. This transaction reflects the financial activity involving the landlord and lender in the multifamily housing sector.