Jay Group Acquires Multifamily Property In Hamilton Heights With $83M Construction Loan

620 West 153rd Street, New York, NY 10031

$83,000,000

$372/SF

Building Size

223,000 SF

Asset Type

MultiFamily

Closing

Dec 3, 2021

AI

The property asset involved in this transaction is a multifamily building located at 620 W. 153rd Street in Hamilton Heights. The building has a total square footage of 223,000.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $83,000,000
Address: 620 W. 153rd Street
Market: Hamilton Heights
Lender: BHI/Be Aviv - Ben Harlev 🤠
Landlord: Jay Group
Brokers: Morris Betesh, Omar Ferreira, and Dov Jeremias - Meridian Capital Group

The loan for this transaction is a construction loan provided by BHI/Be Aviv - Ben Harlev. The landlords in this deal are the Jay Group. The brokers involved in the transaction are Morris Betesh, Omar Ferreira, and Dov Jeremias from Meridian Capital Group.

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