Jonathan Resnick Of Jack Resnick & Sons Secures $18 Million Refinance Loan For 200 Chambers Street

The asset involved in the transaction is a retail space located at 200 Chambers Street in Tribeca, Manhattan, with a total square footage of 56,437. The property was refinanced with a loan amount of $18,000,000, replacing a prior loan of $20,000,000. The valuation of the space is noted at $318 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $18,000,000
• Address: 200 Chambers Street
• Market: Tribeca, Manhattan
• Asset Size: 56,437 SF
• Lender: Equitable Financial Life Insurance
• Landlord: Jonathan Resnick - Jack Resnick & Sons
• Loan Type: Refinance

Jack Resnick & Sons, represented by Jonathan Resnick, completed the refinancing of their retail, community facility, and garage condo units at the specified address. The financing was provided by Equitable Financial Life Insurance Co., facilitating the replacement of the previous loan while affirming the property’s market value.