FINANCED
UrbanStandardCap Provides $7M Loan For Development Site At 171 Bowery, LES
171 Bowery
Development Site
15,390 SF
15,390 SF
Summary
Loan
NEW YORK
Development Site
15,390 sqft
Located at 171 Bowery in the Lower East Side, this development site recently underwent a closed transaction. The property, spanning an impressive 15,390 square feet, was the subject of a deal involving Benjamin Barasch and Seth Weissman. The transaction took place on 04/12/2019 and was facilitated by Eli Terry and Charles Han of JBA Equities.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $7M
- Address: 171 Bowery
- Market: Lower East Side
- Lender: Urban Standard Capital
- Landlord: Grant Shapolsky of Prime Manhattan Development
The loan amount of $7 million was provided by Urban Standard Capital. Grant Shapolsky, representing Prime Manhattan Development, acted as the landlord in this transaction.
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Details
FINANCED
IMAGE: Benjamin Barasch and Seth Weissman
DATE: 04/12/2019
ADDRESS: 171 Bowery
MARKET: LES
ASSET TYPE: Development Site
BROKERS: Eli Terry & Charles Han - JBA Equities
LENDER: @UrbanStandardCap
LANDLORD: Grant Shapolsky - Prime Manhattan Development
LOAN AMOUNT: $7M
SF: 15,390View on map
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Address171 Bowery
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