BridgeCity Capital Provides $21,150,000 Acquisition Loan For 67 Luxury Residential Units In Upper East Side

The asset involved in this transaction comprises 67 luxury residential units located in the Upper East Side, Manhattan. The market value has been established through a loan transaction amounting to $21,150,000.

Summary of transaction details:

• Property Type: Luxury Residential Units
• Transaction Amount: $21,150,000
• Lender: Louis Lebovits, Allan Lebovits, Moishe Loketch & Pinny Loketch
• Lender Agency: BridgeCity Capital
• Loan Type: Acquisition
• Loan Terms: 12 months + extension options
• LTV: 70%
• Date: 09/08/2026

The transaction was facilitated by Louis Lebovits, Allan Lebovits, Moishe Loketch, and Pinny Loketch, representing BridgeCity Capital. The lender is actively involved in financing mixed-use, residential, industrial, and construction projects across the Tri-State Area, South Florida, and various other states.