71 Reade Street & 87 Chambers Street
BlueGate Partners has been retained to raise a permanent loan for a 5,166 square foot retail building located at 71 Reade Street and 87 Chambers Street in New York City (the “Property”). The Property has a combined 82 feet of frontage along Reade and Chambers Streets. City MD has signed a 15 year lease at the Property to occupy 4,382 square feet. City MD is an urgent care provider offering fast,
comprehensive, and professional health care with over 40 locations throughout
Manhattan, Brooklyn, Queens, Long Island, Westchester and Rockland County.
There are currently 11 locations in Manhattan with four more planned. City MD
is a well-established organization with highly trained physicians and staff
members that provide convenience, quality of service and superior medical care.
The company is very well capitalized. Financial statements are available upon
execution of a confidentiality agreement.