NorthMarq Arranges $2.67 Million Loan For Mixed-Use Property Refinance In Philadelphia

The transaction involves a mixed-use property located at 3500-08 Sunnyside Avenue and 3400-08 Conrad Street in Philadelphia. This asset comprises 19 units and includes both surface and garage parking. The permanent financing arranged for the refinance is valued at $2,670,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,670,000
• Units: 19
• Address: 3500-08 Sunnyside Avenue & 3400-08 Conrad Street
• Market: Philadelphia
• Broker Representatives: John Banas & Kris Wood - NorthMarq

Northmarq facilitated the refinancing of this property, which is situated in Philadelphia’s East Falls neighborhood and benefits from strong connectivity and local amenities, enhancing its appeal in the competitive real estate market.