Valley National Bank Provides $3.3M Loan For Residential Co-op On Upper East Side

A residential co-op located at 155 East 93rd St on the Upper East Side has recently secured a loan from Valley National Bank. The loan, dated on May 27, 2021, amounts to $3,300,000 with a rate of 2.75%. This transaction was facilitated by Simon Rosenfeld from Meridian Capital Group, acting as the broker representing the property.

Summary of transaction details:

• Property Type: Residential Co-op
• Loan Amount: $3,300,000
• Loan Rate: 2.75%
• Lender: Valley National Bank
• Broker: Simon Rosenfeld - Meridian Capital Group

Simon Rosenfeld, from Meridian Capital Group, played a crucial role in securing the loan for the residential co-op located at 155 East 93rd St on the Upper East Side. With a loan amount of $3,300,000 and a rate of 2.75%, this transaction highlights the financial cooperation between the property owner and Valley National Bank.