Helaba Provides $23.3M Loan For Office Building At 579 Fifth Avenue

A loan for the property located at 579 Fifth Avenue in the Grand Central market has been secured. The lender, helaba''>Helaba, has provided a loan amount of $23,339,950 for the property. The office asset spans across an area of 130,715 square feet. The landlord of the property is Stawski Partners.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $23,339,950
• Address: 579 Fifth Avenue
• Market: Grand Central
• Landlord: Stawski Partners

The loan from Helaba will support the ownership and operations of the office property at 579 Fifth Avenue. Axel Stawski and Thomas Grob, representing the landlord Stawski Partners, played a pivotal role in the transaction.