NorthMarq Secures $5.45M Refinance For Retail Center At 74-84 East 161st Street Bronx

A cash-out refinancing has been arranged for a retail center located at 74–84 East 161st Street in the Bronx, amounting to $5,450,000. The property spans a total area of 10,470 square feet, highlighting its scale within the retail market of the Bronx.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,450,000
• Loan Type: Refinance
• Address: 74-84 East 161st Street
• Market: Bronx

The refinancing was facilitated by Dylan Hamer and Bob Bernard, who are part of the NorthMarq New York Metro Debt + Equity team, leveraging a relationship with a life insurance company for the financing arrangement.