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New York Community Bank Modifies $2.68M Loan For 76 Pearl Street Mixed-Use Property In FiDi

76 Pearl Street
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This Mixed-use property located in NY received a loan of $2,685,000 over 2 years ago. The brokers of the deal were Avi Geller and Michael Helmreich

A mixed-use property located at 76 Pearl Street in the Financial District (FiDi) recently underwent a loan modification. The loan was facilitated by New York Community Bank, and the transaction was brokered by Michael Helmreich and Avi Geller of Meridian Capital Group. The loan amount was $2,685,000, and it carries a term of 5 years and a rate of 3.5%.

Summary of transaction details:

  • Property Type: Mixed-use
  • Address: 76 Pearl Street
  • Market: FiDi
  • Lender: New York Community Bank
  • Brokers: Michael Helmreich & Avi Geller - Meridian Capital Group
  • Loan Amount: $2,685,000
  • Loan Type: Modification
  • Loan Term: 5 Years
  • Loan Rate: 3.5%

Michael Helmreich and Avi Geller of Meridian Capital Group played a key role in facilitating this loan modification. Their expertise in the industry and their representation of the parties involved contributed to the successful completion of this deal.

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Deals
  • Location
    76 Pearl Street, New York City, New York 10004, United States76 Pearl Street, New York City, New York 10004, United States
  • Loan Value
    $2,685,000$2,685,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    2 Brokers, 1 Agency, 1 Lender2 Brokers, 1 Agency, 1 Lender

Agents

Avi Geller

Avi Geller

Deals3
Financed$19M

Agency

Meridian Capital Group

Meridian Capital Group

Agency
Deals2407
Volume$65.9B

New York Community Bank

New York Community Bank

Lender
Deals87
Volume$ 316.6B

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Deal Summary

LOAN IMAGE: Michael Helmreich & Avi Geller DATE: 12/07/2021 ADDRESS: 76 Pearl Street MARKET: FiDi ASSET TYPE: Mixed-use LENDER: New York Community Bank BROKERS: Michael Helmreich & Avi Geller - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $2,685,000 LOAN TYPE: Modification LOAN TERM: 5 Years LOAN RATE: 3.5%

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76 Pearl Street

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