FINANCED
Sterling National Bank Provides $13.6M Loan For Multifamily Property In Manhattan Valley
300 Manhattan Avenue & 315 West 113th Street
MultiFamily
Financed 1 year ago
Summary
Loan
NEW YORK
MultiFamily
The property involved in this closed transaction is a multifamily asset located at 300 Manhattan Ave. & 315 West 113th Street in Manhattan Valley. The loan for this property was provided by Sterling National Bank, with a total amount of $13,600,000. The term of the loan is 2.75%, with a 1-year interest-only period for 7 years.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $13,600,000
- Address: 300 Manhattan Ave. & 315 West 113th Street
- Market: Manhattan Valley
The landlord of the property is Bluestar Properties, represented by Jeff Pikus. The brokers involved in this deal are Shamir Seidman and Daniel Neiss from Meridian Capital Group.
Players
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4
Agents
2
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Shamir Seidman, Jeff Pikus, Daniel Neiss
DATE: 05/27/2021
ADDRESS: 300 Manhattan Ave. & 315 West 113th Street
MARKET: Manhattan Valley
ASSET TYPE: Multifamily
LENDER: Sterling National Bank
LANDLORD: Bluestar Properties - Jeff Pikus
BROKERS: Shamir Seidman & Daniel Neiss - Meridian Capital Group
AMOUNT: $13,600,000
TERM: 2.75% with 1 year IO for 7 yearsView on map
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Address300 Manhattan Avenue & 315 West 113th Street
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