Meridian Capital Group Provides $21.3M Land Loan For Mixed-Use Property At 534-54 Third Avenue, New York, NY | 534 54 third avenue | Simon Rosenfeld | Mixed-use | Loan

Summary

Loan

NATIONAL

Mixed-use

9,876 sqft

The property involved in the transaction is a mixed-use asset located at 534-54 Third Avenue in New York, NY. It spans a total square footage of 9,876 and was recently closed on December 20, 2022.

Summary of transaction details

Property Type: Mixed-Use
Transaction Amount: $21,310,000
Loan Type: Land Loan
Loan Terms: There are currently two vacant buildings that are set to be demolished
Broker: Simon Rosenfeld - Meridian Capital Group

The loan obtained for the property is in the amount of $21,310,000. It is classified as a land loan. As part of the transaction, there are currently two vacant buildings on the property that are set to be demolished.

Players

All
2

Agents
1
Agencies
1

Simon Rosenfeld

Senior Vice President of Production

$125M Sold

Meridian Capital Group

Details

Deal Summary

FINANCED

IMAGE: Simon Rosenfeld DATE: 12/20/2022 ADDRESS: 534-54 Third Avenue MARKET: New York, NY ASSET TYPE: Mixed-Use ~ SF: 9,876 BROKER: Simon Rosenfeld (@SimonRosenfeldNYC) - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $21,310,000 LOAN TYPE: Land Loan LOAN TERMS: There are currently two vacant buildings that are set to be demolished

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Address534 54 third avenue

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