Chris Okada & Francis Leung Secure $5.95M Loan For Retail Property In Rockefeller Center
New York
See Similar DealsChris Okada & Francis Leung Secure $5.95M Loan For Retail Property In Rockefeller Center
135 West 52nd Street, New York, NY, USA
See Similar DealsSummary
The retail property located at 135 West 52nd Street in Rockefeller Center was involved in a closed transaction. The loan for this property was provided by Cathay Bank for a total amount of $5,950,000. The property is part of the Midtown Manhattan Office/Retail market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,950,000
- Address: 135 West 52nd Street
- Market: Rockefeller Center
@ChrisOkada & Francis Leung, from @OkadaCo, are the landlords of this retail property. They are currently looking for Midtown/Midtown South properties for a 1031 exchange. They encourage owners, tenants, brokers, and lenders to reach out to them with potential deals. The Midtown Manhattan Office/Retail market is experiencing a significant amount of opportunity, and @ChrisOkada and Francis Leung believe that this is the best year for transactions between 2016 and 2026. They believe that the impact of the years 2020, 2021, and 2022 will be discussed for decades to come.
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