North Hill Capital Management Secures $16.6 Million Refinancing Loan At 195 Chrystie Street

The asset involved in this transaction is an office building located at 195 Chrystie Street in the Lower East Side market of Manhattan, with a total square footage of 81,900. The transaction closed with a refinancing loan amounting to $16,600,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $16,600,000
• Address: 195 Chrystie Street
• Market: Lower East Side, Manhattan
• Lender: Douglas L. Kennedy - Peapack Private Bank & Trust
• Landlord: Alfonso Kimche & Vladimir Shneyder - North Hill Capital Management
• Loan Type: Refinance

North Hill Capital Management, represented by 195 Chrystie Street Owner LLC, secured this refinancing loan to enhance their asset's financial positioning. The closing took place on March 31, 2025, facilitating the continued operation of this office space in a prominent location.