Lloyd Goldman Secures $5 Million Refinance Loan For Retail Building In Harlem From M&T Bank

The property asset involved is a retail building located at 208 West 125th Street in Harlem, Manhattan. It covers an area of 67,680 square feet and has a building size of 135,877 square feet. The loan amount for this transaction was $5 million, specifically a refinance deal. The refinancing replaced a previous loan of $5.6 million that had been originated in 2019.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,000,000
• Address: 208 West 125th Street
• Market: Harlem, Manhattan
• Lender: M&T Bank
• Landlord: Lloyd Goldman - BLDG Management
• Previous Loan Amount: $5,600,000
• Square Footage: 67,680
• Building Size: 135,877

This transaction involved Lloyd Goldman representing BLDG Management as the landlord in securing the refinancing. M&T Bank acted as the lender in this transaction, which focuses on updating the financing structure for the retail building.