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Ashkenazy Acquisition Corp Refinances Mixed-Use Property At 4250 Broadway In Manhattan With $28.8M Loan From Silverpeak Argentic

4250 Broadway
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This Mixed-use property located in NY received a loan of $28,800,000 almost 6 years ago. The broker of the deal was Daniel Fromm

4250 Broadway, a mixed-use property located in Manhattan, has recently undergone a loan transaction. The loan, valued at $28,800,000, has been provided by Silverpeak Argentic. The purpose of the loan is to refinance existing debt and facilitate the execution of the owner's business plan.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $28,800,000
  • Address: 4250 Broadway, Manhattan
  • Market: Manhattan

Key individuals and companies involved in this transaction include the landlord, Ashkenazy Acquisition Corp represented by Ben Ashkenazy & Dan Levy. The broker, Daniel Fromm from NKF Capital Markets, played a crucial role in facilitating the loan.

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Deals
  • Location
    4250 Broadway, Manhattan, NYC, NY, USA4250 Broadway, Manhattan, NYC, NY, USA
  • Loan Value
    $28,800,000$28,800,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Daniel Fromm

Daniel Fromm

Deals60
Financed$4.2B

Agency

Newmark

Newmark

Agency
Deals3893
Volume$397.4B

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Deal Summary

LOAN IMAGE: Daniel Fromm (@DDWB), Ben Ashkenazy (@Ben_n_y) and Dan Levy DATE: 04/02/2018 ADDRESS: 4250 Broadway MARKET: Manhattan ASSET TYPE:  Mixed-use LANDLORD: Ashkenazy Acquisition Corp - Ben Ashkenazy & Dan Levy LENDER: Silverpeak Argentic BROKER: Daniel Fromm - NKF Capital Markets AMOUNT: $28,800,000 NOTE: The loan proceeds will be used to refinance the existing debt and to allow the owner to execute their business plan.

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4250 Broadway

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