525 Sixth Avenue

525 Sixth Avenue

Izaki Group Investments secured a $73 million construction loan from Valley National Bank for a new 68-unit condominium at 525 Sixth Avenue in Greenwich Village, Manhattan. The project was submitted by Modi Feibish. The building will feature 68 residential units and 2 commercial units, with a projected sellout of $219 million. The property, purchased for $46 million in December 2021, has 4,660 square feet of built space and 97,000 square feet of additional air rights.

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