The property asset is a multifamily building located at 840 West End Avenue in the Upper West Side market. The asset comprises 38 units and has a total square footage of 47,832. The building includes 12,917 square feet of air rights and has a valuation of $303 per built square foot and $238 per buildable square foot. The refinancing loan for this property amounts to $14,500,000 and was executed by Thor Equities.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $14,500,000
• Address: 840 West End Avenue
• Market: Upper West Side
• Asset Size: 47,832 sq ft
• Number of Units: 38
• Landlord: Joseph J. Sitt - Thor Equities
• Lender: Community Preservation Corporation (CPC)
• Close Date: January 22, 2026
• Previous Purchase Price: $37.4M in 2014

This transaction highlights the involvement of Joseph J. Sitt representing Thor Equities in securing the refinance deal with Community Preservation Corporation, demonstrating the ongoing investment in the Upper West Side area.