O’Callaghan of Lynx Mortgage Bank's Commercial Division arranges $1.6 million for Axis Mechanical

June 18, 2019 - Front Section

Manhattan, NY Lynx Mortgage Bank LLC Commercial Division arranged $1.6 million in financing for an office co-op at  137 5th Ave., 8th floor, on behalf of Axis Mechanical, Steve Marino. The loan, funded by Flushing Bank, was negotiated by Lynx Commercial loan officer Craig O’Callaghan.

Located in the Flatiron District between 20th and 21st Sts., the 12-story property was built in 1902, consists of 12 units over 36,000 s/f and is 95% occupied. 

The property is accessible via transportation options, including the N, R, W, F, M, 6, and Path subway trains all on 23rd St. and L, N, Q, R, W, 4, 5, and 6 subway trains at 14th St. Union Sq. Station.

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