First Republic Bank Provides $8.5M Refinance Loan To G&D Properties In Upper East Side And Upper West Side

A multifamily property located at 416 E 71st St. & 327 E. 108th St in the Upper East Side and Upper West Side neighborhoods of Manhattan has recently undergone a loan transaction. The property spans approximately 44,326 square feet, and it is owned by G&D Properties.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,500,000
• Loan Type: Refinance
• Loan Terms: 10-year term @ 4.2% Partial Interest Only

First Republic Bank provided a loan of $8,500,000 for the property's refinancing. The loan has a 10-year term at an interest rate of 4.2%, with partial interest-only payments. The brokers involved in this deal were Jonathan Aghravi, Tim Cox, and Eli Terry from JBA Equities LLC.