FINANCED
G4 Capital Partners Provides $7.5M Loan For Development Site At 120 Lexington Ave In NoMad
120 Lexington Avenue
Development Site
37,862 SF
37,862 SF
Summary
Loan
NEW YORK
Development Site
37,862 sqft
Loan agreement was secured for a development site located at 120 Lexington Ave in the NoMad market. The property, which is a development site, has an estimated buildable square footage (BSF) of 37,862. The loan was provided by G4 Capital Partners for an amount of $7,500,000.
Summary of transaction details:
- Property Type: Development site
- Transaction Amount: $7,500,000
- Address: 120 Lexington Ave
- Market: NoMad
- BSF: 37,862
Jonathan Loloi and Richard Nassimi, from The Nassimi Group, served as the brokers for the deal. The landlord, Skyland Group, secured the loan from G4 Capital Partners.
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Details
FINANCED
IMAGE: Jonathan Loloi & Richard Nassimi
DATE: 09/29/2020
ADDRESS: 120 Lexington Ave
MARKET: NoMad
ASSET TYPE: Development site ~ BSF: 37,862
LENDER: G4 Capital Partners
LANDLORD: Skyland Group
BROKERS: Jonathan Loloi (@JonnyLoloi) & Richard Nassimi (@RichardNassimi.TNG) @TheNassimiGroup
AMOUNT: $7,500,000View on map
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Address120 Lexington Avenue
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