Sharp Management Secures $30.3M Refinance Loan In Mott Haven, Bronx

The property involved in the transaction is a multifamily building located at 430 East 138th Street in Mott Haven, Bronx. The building spans 145,936 square feet and consists of 148 residential units. The landlord of the property is Izzy Kirzner of Sharp Management. The loan amount for the refinancing of this asset is $30,300,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $30,300,000
• Market: Mott Haven, Bronx
• Asset Type: Multifamily
• BSF: 145,936
• SF: 145,936
• Lender: Brad Casey - NewPoint Real Estate Capital
• Landlord: Izzy Kirzner - Sharp Management
• Loan Type: Refinance

138-Sharp Realty LLC represented Sharp Management in securing the refinancing loan amounting to $30.3 million from Newpoint Real Estate Capital for the residential elevator building situated at 430 East 138th Street in Mott Haven, Bronx.