Greystone Provides $35.1M Acquisition Loan For Inwood Portfolio In Manhattan
New York
See Similar DealsGreystone Provides $35.1M Acquisition Loan For Inwood Portfolio In Manhattan
Inwood Portfolio - 252, 109, 113, 117,121, 129, 133, 125 Sherman Avenue; 574- 578 West 161 Street; 519 West 143 Street, 66 Vermilyea Avenue; 38, 34, 26, 22 & 30 Post Avenue, 252, 109, 113, 117,121, 129, 133, 125 Sherman Avenue, 574 578 West 161 Street, 519 West 143 Street, 66 Vermilyea Avenue & 38, 34, 26, 22, 30 Post Avenue
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The transaction involves a package deal consisting of multiple properties located at 252, 109, 113, 117, 121, 129, 133, 125 Sherman Avenue; 574-578 West 161 Street; 519 West 143 Street; 66 Vermilyea Avenue; and 38, 34, 26, 22 & 30 Post Avenue in the Inwood area of Manhattan. The total square footage of the assets is 385,968, and the deal includes 433 residential units. The acquisition loan amounts to $35,146,000, financed by Greystone.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $35,146,000
- Asset Size: 385,968 SF
- Units: 433
- Address: 252, 109, 113, 117, 121, 129, 133, 125 Sherman Avenue; 574-578 West 161 Street; 519 West 143 Street; 66 Vermilyea Avenue; 38, 34, 26, 22 & 30 Post Avenue
- Market: Inwood, Manhattan
- Lender: Greystone
- Brokers: Chaim Tessler & Ariel Forman - Meridian Capital Group
Chaim Tessler and Ariel Forman represent Meridian Capital Group in this acquisition deal, acting as brokers to facilitate the transaction. Their role involves providing expertise and guidance throughout the financing process with Greystone.
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