108 West 15th Street|Financing|07/23/2009
- Event Financing
- Address 108 West 15th Street
- Square feet 44,000
- Price $ 15,330,000
- Borough Manhattan
- Neighborhood Chelsea
- Publication Date 09/01/2009
- Deal Date 07/23/2009
- Party 1 Stonehenge Partners
- Party 1 Brokerage Meridian Capital Group
- Party 1 Broker Ralph Herzka, Abe Hirsch
- Party 2 New York Community Bank
notes
A $15.33 million first mortgage over a five-year term was provided to refinance the property, at a 5.625 percent interest rate. Stonehenge bought the building in June 1997 for $5.84 million with $2.4 million in equity. The property was first refinanced in 2002 for around $6 million and was again refinanced in 2004 for $11.6 million. 6-story apartment building, 55 units total.