Santander Bank Sells Note / Loan Portfolio In New York City For $45.7M

The note/loan assets located at 320 Manhattan Avenue, 350 Manhattan Avenue, and 312 West 114th Street in New York City were sold in a transaction facilitated by Rosewood Realty Group. The seller, Santander Bank, enlisted the services of Aaron Jungreis, Ben Khakshoor, and Alex Fuchs from Rosewood Realty Group to represent them in the deal. The sale price for these assets amounted to $45,700,000. The total square footage of the properties is 113,196, resulting in a price per square foot of $404.

Summary of transaction details

• Property Type: Note / Loan
• Transaction Amount: $45,700,000
• Address: 320 Manhattan Avenue, 350 Manhattan Avenue & 312 West 114th Street
• Market: New York City

The successful sale of these assets was made possible through the expertise and negotiation skills of Aaron Jungreis, Ben Khakshoor, and Alex Fuchs from Rosewood Realty Group. Their representation ensured that the transaction met the objectives of both the buyer and the seller.