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251 East 10th

Location: New York, NY
Type: Multifamily
Price: $5,100,000

SMC has provided a $5,100,000 ten-year fixed rate mortgage for the refinance of a multifamily property located in the East Village submarket of Manhattan.

The five-story multifamily building is located on a mid-block lot on East 10th Street between 1st Avenue and Avenue A.

SMC’s 10-Year loan was structured with full-term interest only payments.