RYCO Capital has scored a $128 million loan so it can finance an acquisition consisting of a mix of multifamily and retail properties in Manhattan, New York.
They are located on 2nd Avenue between St Marks and East 10th Street. The 153,800-square-foot properties represent 22 retail and 171 residential units.
The Manhattan portfolio is located just two miles away from East Village and has proximity to New York University. Plus, plenty of hotels, transportation, and restaurants are close by.
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