54 Bond Street

Location: New York, NY
Type: Retail
Price: $ 7,800,000

SMC has provided a $7,800,000 first mortgage loan to finance the acquisition of a two-tenant retail condomium unit located on the ground level of 54 Bond Street, a historic cast-iron building located at the intersection of Bond Street and the Bowery, in New York City’s NoHo retail submarket. Billy Reid has been a tenant at the Property since 2008, while its second tenant, John Barrett Salon, will open its first store outside of flagship Bergdorf Goodman location.