$3,500,000 - Hamilton Heights Manhattan, NY

Avant Capital has originated a $4.1 million loan secured by a multifamily property in the Kips Bay neighborhood of Manhattan.   The Property is a Six-story building containing one duplex community facility space and four floor-through four-bedroom rental apartments.  Loan proceeds refinanced the existing mortgage debt, pay property taxes and building violations, and fund reserves and closing costs. The Property is approximately a half-mile southeast of Grand Central Terminal and the surrounding office buildings as well as one block west of the New York University School of Medicine, which features the Tisch Hospital.



Closing Date: 06/30/2017