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W Financial Provides $3.75M Loan For Mixed-Use Property On Upper East Side

1129 Lexington Avenue
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This Mixed-use property located in NY received a loan of $3,750,000 over 3 years ago. The broker of the deal was David Oheb

A mixed-use property located at 1129 Lexington Avenue in the Upper East Side has been sold in a closed transaction. The property spans 5,248 square feet and was purchased for a loan amount of $3,750,000. The transaction was facilitated by W Financial, who served as the lender. The landlord, Mike Kalbo, oversaw the deal. @TeamOheb, represented by David Oheb from Meridian Capital Group, acted as the broker in the transaction.

Summary of transaction details:

  • Property Type: Mixed-Use
  • Transaction Amount: $3,750,000
  • Address: 1129 Lexington Avenue
  • Market: Upper East Side
  • Square Footage: 5,248
  • Lender: W Financial
  • Landlord: Mike Kalbo
  • Broker: David Oheb - Meridian Capital Group

A new glatt-kosher restaurant is set to occupy the ground floor retail space, adding to the vibrant mix of businesses in the area.

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Deals
  • Location
    1129 Lexington Ave, New York, NY 10075, USA1129 Lexington Ave, New York, NY 10075, USA
  • Loan Value
    $3,750,000$3,750,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

David Oheb

David Oheb

Deals52
Financed$388.7M

Agency

Meridian Capital Group

Meridian Capital Group

Agency
Deals2414
Volume$65.9B

Deal Summary

IMAGE: David Oheb ADDRESS: 1129 Lexington Avenue MARKET: Upper East Side ASSET TYPE: Mixed-Use LOAN AMOUNT: $3,750,000 SF: 5,248 LENDER: W Financial LANDLORD: Mike Kalbo BROKER: @TeamOheb – David Oheb – @Meridian.Capital.Group NOTE: A new glatt-kosher restaurant will soon occupy the ground floor retail space.

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1129 Lexington Avenue

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