Joseph J. Sitt Of Thor Equities Secures $16M Refinance Loan For Office At 139 5th Avenue

The asset involved in this transaction is an office located at 139 5th Avenue in the Flatiron District of Manhattan, comprising a total area of 24,093 square feet. The property underwent a refinancing transaction with a loan amount of $16,000,000 from Northeast Bank.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $16,000,000
• Lender: Northeast Bank
• Landlord: Joseph J. Sitt - Thor Equities
• Asset Address: 139 5th Avenue
• Market: Flatiron District, Manhattan
• Loan Type: Refinance

Joseph J. Sitt represents Thor Equities in this refinancing deal, facilitating the transaction with Northeast Bank for the office property in Manhattan.