M&T Bank Provides $9.5M Loan For Retail Condo At 425 Fifth Avenue, Midtown South

A retail condo located at 425 Fifth Avenue in Midtown South has been involved in a recent transaction. The property spans 18,561 square feet and is owned by @RFRRealty. The transaction took place on 5/10/2021 and was facilitated by M&T Bank, who provided a loan amount of $9,500,000. The property is situated in a prime market location, offering potential for a thriving retail business.

Summary of transaction details

• Property Type: Retail Condo
• Transaction Amount: $9,500,000
• Address: 425 Fifth Avenue
• Market: Midtown South
• Landlord: @RFRRealty
• Square Footage: 18,561 SF

The loan for this transaction was provided by M&T Bank, demonstrating their confidence in the potential of the retail condo. The property's landlord, @RFRRealty, played a significant role in facilitating the deal. This transaction further solidifies the attractiveness and investment opportunities in the Midtown South market.