Ofer Yardeni Of Stonehenge NYC Secures $39.8M Refinance Loan From J.P. Morgan Chase At 41 Park Avenue

The property asset involved in the transaction is a multifamily building located at 41 Park Avenue in the Grand Central area of Manhattan. The total square footage of the asset is 115,221, and it consists of 113 residential units.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $39,800,000
• Lender: J.P. Morgan Chase
• Landlord: Ofer Yardeni - Stonehenge NYC
• Loan Type: Refinance
• Prior Loan Amount: $40,500,000
• Prior Lender: Flagstar Bank

The refinancing transaction was executed by Stonehenge NYC’s SP 41 Park LLC, with the involvement of J.P. Morgan Chase as the lending institution. Ofer Yardeni, representing Stonehenge NYC, is notably associated with the transaction as the landlord of the property.