ABS Altman Warwick Represents Silk & Halpern Realty In $13.5M Loan For Midtown Office Building On Madison Ave

425 Madison Avenue, a 20-story office and retail building located in Midtown, has recently undergone a closed property transaction. The property, with a total square footage of 108,000, was involved in a deal that included a loan from Apple Bank. The loan amount was $13,500,000, with a loan term of 10 years at an interest-only rate. Silk & Halpern Realty, represented by Richard Halpern, is the landlord of the property. ABS Altman Warwick, represented by Brian Warwick, acted as the broker in this transaction.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $13,500,000
• Square Footage: 108,000
• Address: 425 Madison Avenue
• Market: Midtown

The presence of Brian Warwick, of ABS Altman Warwick, as the broker in this deal showcases his role in facilitating the transaction. Additionally, Silk & Halpern Realty, led by Richard Halpern, highlights their involvement as the landlord of the property. This closed transaction reveals the key individuals and companies behind the deal, providing a glimpse into the parties responsible for the successful completion of the property transaction.