Michael Sklar Of Ninety-Five Madison Company Secures $23M Loan For Office Building | 89 Madison Avenue | Goodman Capital | Office | Loan

Summary

Loan

NEW YORK

Office

146,161 sqft

An office building with a square footage of 146,161 located at 89 Madison Avenue in NoMad, Manhattan was the subject of a $23 million loan transaction. The loan was secured by landlord Michael Sklar, facilitated by lender Eric Goodman of Goodman Capital. The property has been owned by Rita Sklar and her family for decades.

Summary of transaction details:

Property Type: Office
Transaction Amount: $23,000,000
Address: 89 Madison Avenue
Market: NoMad, Manhattan

Michael Sklar, representing Ninety-Five Madison Company, L.P., facilitated an initial $23 million loan with lender Goodman Capital for the office building. The transaction was further facilitated by Madison Avenue Servicing LLC.

Players

All
1

Lenders
1

Goodman Capital

Details

Deal Summary

FINANCED

IMAGE: 02/14/2024 ADDRESS: 89 Madison Avenue MARKET: NoMad, Manhattan ASSET TYPE: Office ~ SF: 146,161 LENDER: Eric Goodman - Goodman Capital LANDLORD: Michael Sklar LOAN AMOUNT: $23,000,000 NOTE: Michael Sklar, representing Ninety-Five Madison Company, L.P., signed an initial loan with lender Goodman Capital, facilitated by Madison Avenue Servicing LLC, worth $23 million for the office building at 89 Madison Avenue in NoMad, Manhattan, a property owned by Rita Sklar and her family for decades.

View on map

Address89 Madison Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.