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Madison Realty Capital Provides $26.5M Loan For Upper East Side Condo On East 61st Street

305 East 61st Street
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This Mixed-use property located in NY received a loan of $26,500,000 about 2 years ago. The broker of the deal was Sam Spinner

The property involved in this transaction is a condo located at 305 East 61st Street in the Upper East Side market. The loan for this property was provided by Madison Realty Capital, with a loan amount of $26,500,000. The property is owned by Forkosh Development Group, and the broker representing the deal is Sam Spinner from Battery Park Group.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $26,500,000
  • Address: 305 East 61st Street
  • Market: Upper East Side

Josh Zegen from Madison Realty Capital was the lender for this transaction, providing the loan amount of $26,500,000. The landlord of the property is Forkosh Development Group. Sam Spinner from Battery Park Group represented the deal as the broker.

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Deals
  • Location
    305 East 61st Street, New York City, New York 10065, United States305 East 61st Street, New York City, New York 10065, United States
  • Loan Value
    $26,500,000$26,500,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    1 Broker, 2 Lenders1 Broker, 2 Lenders

Agent

Sam Spinner

Sam Spinner

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Financed$26.5M

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Madison Reality Capital

Madison Reality Capital

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Deal Summary

LOAN IMAGE: Josh Zegen DATE: 02/11/2022 ADDRESS: 305 East 61st Street MARKET: Upper East Side ASSET TYPE: Condo LENDER: Madison Realty Capital (@MadisonRealtyCapital) - Josh Zegen (@JZegen) LANDLORD: Forkosh Development Group BROKER: Sam Spinner - Battery Park Group LOAN AMOUNT: $26,500,000

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305 East 61st Street

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