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49 Prince Street, 311 West 21st Street, 336 West 17th Street
FINANCED

Slate Property Group Secures $51.65M Acquisition Loan In Chelsea Multifamily Deal

49 Prince Street, 311 West 21st Street, 336 West 17th Street

MultiFamily
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Summary

Loan
NEW YORK
MultiFamily
0 sqft

The transaction involves a multifamily property in Chelsea, located at 301 West 22nd Street, 300 West 21st Street, and 229 West 20th Street. The property spans 72,338 square feet and consists of 94 units.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $51,650,000
  • Loan Type: Acquisition

The lender for this transaction is Slate Asset Management, represented by Michael Quinn. The landlord, Slate Property Group, is represented by Martin Nussbaum. The brokers involved in the deal are Jordan Roeschlaub, Dustin Stolly, and Daniel Fromm.

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Details

Deal Summary
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FINANCED
IMAGE: Martin Nussbaum & Michael Quinn DATE: 07/11/2022 ADDRESS: 301 West 22nd Street, 300 West 21st Street & 229 West 20th Street MARKET: Chelsea ASSET TYPE: Multifamily ~ SF: 72,338 ~ UNITS: 94 LENDER: Slate Asset Management (@SlateAssetMgmt) - Michael Quinn LANDLORD: Slate Property Group - Martin Nussbaum (@Martin.Nuss) BROKERS: Jordan Roeschlaub (@JordyRoeschlaub), Dustin Stolly, and Daniel Fromm (@ddwb) LOAN AMOUNT: $51,650,000 LOAN TYPE: Acquisition

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Address49 Prince Street, 311 West 21st Street, 336 West 17th Street

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