Refinance
79 Avenue A New York, NY
$3,000,000
Description
ERG Commercial Real Estate is proud to announce the $3,000,000 Refinance of 79 Avenue A, New York, NY 10009.
The 4-story Mixed use property is located on Avenue A between E 5th and E 6th Street in the heart of Alphabet City on the Lower East Side. The 5,443 sf building is equipped with 6 apartments and 2 commercial units, with long term tenants that have occupied the retail spaces for 25+ years. We were able to use our strong banking relationships to secure them a 5-year fixed traditional loan that allowed them to refinance their current mortgage and give them an additional cash out.
