1940 First Avenue | TRD Research
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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.