JP Morgan Chase Provides $26.5M Refinance Loan For Soho Retail Property At 558 Broadway | museum of ice cream 558 broadway | J.P. Morgan Chase & Company | Max Herzog, Marko Kazanjian | Retail | Loan

Summary

Loan

NEW YORK

Retail

25,000,000 sqft

The Museum of Ice Cream building located at 558 Broadway in Soho has been involved in a loan transaction. The property, measuring 25,000,000 square feet, was refinanced for a loan amount of $26,500,000. The lender for this transaction was JP Morgan Chase.

Summary of Transaction Details:

Property Type: Retail
Transaction Amount: $26,500,000
Address: 558 Broadway - Museum of Ice Cream
Market: Soho

The landlords involved in the loan transaction were Kano Properties represented by Noam Shemel and Think Properties represented by Mark Shemel. The brokers for this transaction were Max Herzog and Marko Kazanjian from JLL.

Players

All
4

Agents
2
Agencies
1
Lenders
1

Max Herzog

Senior Managing Director

$288.5M Sold

Marko Kazanjian

Senior Director

$157.4M Sold

Institutional Property Advisors

J.P. Morgan Chase & Company

Details

Deal Summary

FINANCED

IMAGE: Mark Shemel, Noam Shemel, Max Herzog & Marko Kazanjian DATE: 12/20/2022 ADDRESS: 558 Broadway - Museum of Ice Cream MARKET: Soho ASSET TYPE: Retail ~ SF: 25,000,000 LANDLORD: Kano Properties – Noam Shemel & Think Properties – Mark Shemel LENDER: JP Morgan Chase BROKERS: Max Herzog & Marko Kazanjian - JLL LOAN AMOUNT: $26,500,000 LOAN TYPE: Refinance

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Addressmuseum of ice cream 558 broadway

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