ConnectOne Bank Provides $14 Million Refinance Loan For 70,200 SF Office In Manhattan

$14,000,000

$199/SF

Building Size

70,200 SF

Asset Type

Office

Closing

Feb 19, 2026

AI

The asset involved in this transaction is an office property located in Manhattan, with a total square footage of 70,200 and comprising 17 units. The loan amount for this property is $14,000,000, secured through a refinance with ConnectOne Bank, under discounted payoff terms for a 5-year period.

Summary of transaction details:

Property Type: Office
Transaction Amount: $14,000,000
Market: Manhattan
Lender: ConnectOne Bank
Loan Type: Refinance
Loan Terms: Discounted Payoff - 5 Year Term
Brokers: Jake Gluck, Michael Helmreich & Asher Spingarn - Fortune Capital Group

The deal was facilitated by brokers Jake Gluck, Michael Helmreich, and Asher Spingarn, all representing Fortune Capital Group. For financing inquiries, Jake Gluck can be contacted at 973-713-6673 or via email at [email protected].

Players