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LibreMax Capital Provides $85M Loan For Mixed-use Property At 825 E. 141st St., Port Morris, Bronx

825 East 141st Street
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This Mixed-use property located in NY received a loan of $85,000,000 over 4 years ago. The broker of the deal was Brad Domenico

An $85,000,000 loan has been secured for a mixed-use property in Port Morris, Bronx. The property, located at 825 E. 141st St., spans 278,868 square feet and sits on 1.1 acres of land. It consists of a 278,868 square foot office building with 23 parking spaces.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $85,000,000
  • Address: 825 E. 141st St.
  • Market: Port Morris, Bronx
  • Loan: LibreMax Capital
  • Landlord: The Altmark Group, The Bluestone Group, Gailil Management
  • Broker: Brad Domenico - Progress Capital

The loan was facilitated by Brad Domenico of Progress Capital. The Altmark Group, The Bluestone Group, and Gailil Management are the landlords of the property.

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Deals
  • Location
    825 East 141st Street, The Bronx, NY, USA825 East 141st Street, The Bronx, NY, USA
  • Loan Value
    $85,000,000$85,000,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    1 Broker, 1 Agency, 1 Lender1 Broker, 1 Agency, 1 Lender

Agent

Brad Domenico

Brad Domenico

Deals114
Financed$2.1B

Agency

Progress Capital

Progress Capital

Agency
Deals382
Volume$4.9B

Libremax Capital

Libremax Capital

Lender
Deals4
Volume$ 14.6B

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Deal Summary

LOAN IMAGE: Brad Domenico DATE: 12/27/2019 ADDRESS: 825 E. 141st St. MARKET: Port Morris, Bronx ASSET TYPE: Mixed-use LENDER: LibreMax Capital LANDLORD: The Altmark Group, The Bluestone Group, Gailil Management BROKER: Brad Domenico @progress.capital LOAN AMOUNT: $85,000,000 SF: 278,868 NOTE: 278,868 SF office building with 23 parking spaces, situated on 1.1 acre of land

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825 East 141st Street

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