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    1940 First Avenue

    1940 First Avenue
    New York, NY 10029
    Retail, Residential, Leasing/Rental, Multifamily
    • Year Built 1973
    • residential units 323
    • commercial units 6
    • total units 329
    • square feet 412,985
    • block and lot 1-01694-0007
    • BIN 1083932
    • Event Financing
    • Address 1940 First Avenue
    • Neighborhood East Harlem
    • Borough Manhattan
    • Price $ 198,600,000
    notes
    The firms acquired a loan to refinance the property -- which was part of the Putnam Portfolio -- for
    • Event Retail Leasing
    • Building Name 1944 and 1968 First Avenue
    • Address 1944 First Avenue
    • Neighborhood East Harlem
    • Borough Manhattan
    • Square feet 6,259
    • Publication Date 09/01/2009
    • Event Date 07/23/2009
    • Party 1 Metro North Owners
    • Party 1 Brokerage Admiral Real Estate
    • Party 1 Broker Jonathan Gordon, C.J. Rockett
    • Party 2 Broker Gene Schwimmer (independent broker)
    notes
    Two purpose-formed LLCs signed leases to open a discount store and a deli.
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