Damien Smith & Peter Zuccarello Secure $30M Loan For Lower East Side Multifamily Property

Located at 61-63 Pitt St. in the Lower East Side of Manhattan, this closed transaction involved a multifamily property. The property, consisting of a 12-story building with 59 units, spans a total area of 40,773 square feet. The deal was finalized on April 30, 2021, and the asset type of the property is stated as a Multifamily.

Summary of transaction details

• Property Type: Multifamily (12-Story, 59-Unit)
• Address: 61-63 Pitt St.
• Market: Lower East Side, Manhattan
• Square Footage: 40,773

In this transaction, Damien Smith and Peter Zuccarello served as the landlords. The loan for the deal was provided by Paul Rahimian from Parkview Financial, with a loan amount of $30,000,000.