Bank Of America Provides $76.7M Refinance Loan For Office, Mixed-use, And Retail Condo In Flushing, Garment District, And Financial District, Landlord Pi Capital Partners

An office, mixed-use, and retail condo located at 136-21 Roosevelt Avenue, 474 7th Avenue, and 130 Water Street has recently undergone a refinancing transaction. The property, spanning a total area of 120,418 square feet, is situated in the Flushing, Garment District, and Financial District markets. The loan deal involved a loan amount of $76,700,000 and was facilitated by Bank of America. The landlord in this transaction was Pi Capital Partners.

Summary of transaction details:

• Property Type: Office, Mixed-use, Retail Condo
• Transaction Amount: $76,700,000
• Address: 136-21 Roosevelt Avenue, 474 7th Avenue, and 130 Water Street
• Market: Flushing, Garment District, Financial District
• Lender: Bank of America
• Landlord: Pi Capital Partners
• Square Footage: 120,418

The loan refinancing deal was carried out by Bank of America, with Pi Capital Partners acting as the landlord. The transaction aimed to provide the necessary financial support for the property, situated at 136-21 Roosevelt Avenue, 474 7th Avenue, and 130 Water Street.