FINANCED
ZG Capital Partners Acquires Office Building In Mott Haven, Bronx For $65M
2417 3rd Avenue (Bruckner Building)
Office
188,000 SF
188,000 SF
Summary
Loan
NEW YORK
Office
188,000 sqft
The Bruckner Building located at 2417 3rd Avenue in Mott Haven, Bronx, has been involved in a recent property transaction. The asset, classified as an office space, was the subject of a loan deal.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $44,800,000
- Address: 2417 3rd Avenue (Bruckner Building)
- Market: Mott Haven, Bronx
- Square Footage: 188,000
Ladder Capital provided the loan for this transaction, with a term of 4 years. The landlords involved in the deal are Bobby Zar and James Tamborlane of ZG Capital Partners. The brokerage team from CushWake, consisting of Gideon Gil, Alex Lapidus, Maya Steinberger, and Adam Doneger, represented the parties in the transaction.
It is worth noting that ZG Capital Partners recently purchased the property for $65 million.
Read LessPlayers
Agents
4
Agencies
2
Lenders
1
Details
FINANCED
IMAGE: Alex Lapidus, Bobby Zar, Adam Doneger, James Tamborlane, Gideon Gil & Maya Steinberger
DATE: 12/23/2019
ADDRESS: 2417 3rd Avenue (Bruckner Building)
MARKET: Mott Haven, Bronx
ASSET TYPE: Office
LENDER: Ladder Capital
LANDLORD: Bobby Zar & James Tamborlane @ZGCapitalPartners
BROKERS: @CushWake Gideon Gil, Alex Lapidus, Maya Steinberger & Adam Doneger
LOAN AMOUNT: $44,800,000
LOAN TERM: 4 Years
SF: 188,000
NOTE: ZG recently purchased for $65M.View on map
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Address2417 3rd Avenue (Bruckner Building)
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