Eric Mirvis Secures $10M Refinance Loan For Hell's Kitchen Multifamily

The multifamily property located on 9th Avenue in Hell's Kitchen spans 12,425 square feet and comprises 12 units. The property has undergone a refinancing process with a loan amount of $10,000,000 provided by Eric Mirvis from Citi Group. The loan terms include a 5-year period with full-term interest-only payments, catering to the financing needs of this sizable multifamily asset.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $10,000,000
• Address: 9th Avenue
• Market: Hell's Kitchen
• Units: 12
• Lender: Eric Mirvis - Citi Group
• Brokers: Shamir Seidman & Daniel Neiss - Meridian Capital Group

The deal was facilitated by brokers Shamir Seidman and Daniel Neiss from Meridian Capital Group. Their expertise and negotiation skills played a crucial role in securing the refinancing for this multifamily property in Hell's Kitchen. As key individuals in the transaction, they ensured that the loan terms were favorable and aligned with the financial objectives of the property stakeholders.