GFP Real Estate Refinances Park Avenue South Office & Multifamily Property For $16M Loan

GFP Real Estate has secured a $16,000,000 refinance loan for two properties located at 169 Madison Avenue and 175 Madison Avenue in the Park Avenue South area of Manhattan. The properties comprise office and multifamily units, adding to the diverse portfolio of GFP Real Estate. The loan was provided by Apple Bank for Savings, with Cynthia Wang serving as the representative from the bank.

Summary of transaction details:

• Property Type: Office & Multifamily
• Transaction Amount: $16,000,000
• Address: 169 Madison Avenue & 175 Madison Avenue
• Market: Park Avenue South, Manhattan

Jeffrey Gural, the owner of GFP Real Estate, played a pivotal role in securing the refinancing deal. His expertise and experience in real estate investment have proven instrumental in the success of the transaction. With these financing arrangements in place, Gural and GFP Real Estate continue to strengthen their foothold in the Park Avenue South market.