ERG Commercial Real Estate Delivers $9M Refi for LES Building

ERG Commercial Real Estate Delivers $9M Refi for LES Building

ERG Commercial Real Estate has delivered a $9 million refinance loan to the owners of 176 Bowery on the Lower East Side of Manhattan.

The property is located on one of the busiest corners in Manhattan, at the intersection of Bowery and Delancey. The property is a three-story, 5,855-square-foot commercial building on a 25 foot x 100 foot lot that was built in 1900. The building also has a large outdoor advertising billboard on the roof.

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