Apple Bank Provides $9.25M Loan For Office Building At 695 Lexington Avenue In Midtown East

The property at 695 Lexington Avenue in Midtown East has been involved in a recent closed transaction. The asset is an office space spanning 100,400 square feet. The deal was facilitated by Brian Warwick of ABS Altman Warwick.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $9,250,000
• Loan Amount: $9,250,000
• Loan Terms: 10 Years, Full term Interest Only
• Address: 695 Lexington Avenue
• Market: Midtown East
• Lender: Apple Bank
• Landlord: ABS Partners & East End Capital
• Square Footage: 100,400

The deal involved multiple parties, including the lender, Apple Bank, and the landlord, ABS Partners & East End Capital. The loan had a duration of 10 years and full term interest-only terms. The broker representing the transaction was Brian Warwick from ABS Altman Warwick.