FINANCED
Kriss Capital Provides $17M Construction Loan For Lower East Side Development Site
66 Clinton Street
Development Site
75,000 SF
75,000 SF
Financed 1 year ago
Summary
Loan
NEW YORK
Development Site
75,000 sqft
Located at 66 Clinton Street in the Lower East Side, this development site was involved in a recent closed transaction. The property has a zoning designation of C5-2A and DB, offering potential for various uses. The transaction involved a construction loan provided by Kriss Capital, amounting to $17,000,000. The property spans 75,000 square feet.
Summary of Transaction Details
- Property Type: Development site
- Transaction Amount: $17,000,000
- Address: 66 Clinton Street
- Market: Lower East Side
- Zoning: C5-2A, DB
Max Herzog and Marko Kazanjian, representing Borough Equities, TLM Equities, and Vault Brokers, were the key individuals involved in this deal. Additional participants in the transaction included Mike Bauer, Robert Zecher, and Jody Kriss. Notable for the transaction was the involvement of JLL as the broker agency. For full details of the transaction, kindly refer to the provided loan image.
Players
All
4
Agents
2
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: IMAGE: Max Herzog, Mike Bauer, Robert Zecher, Jody Kriss & Marko Kazanjian,
DATE: 10/02/2020
ADDRESS: 66 Clinton Street
MARKET: Lower East Side
ASSET TYPE: Development site ~ ZONING: C5-2A, DB
TYPE: Construction Loan
LENDER: Kriss Capital
LANDLORD: Borough Equities, TLM Equities, VAULT BROKERS: Max Herzog & Marko Kazanjian – JLL […]
BSF: 75,000
AMOUNT: $17,000,000View on map
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Address66 Clinton Street
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