Ariel Property Advisors Arranges $33.75M Acquisition Loan for Upper East Side Multifamily Property Renoir House

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Renoir House
Matthew Dzbanek and Matt Swerdlow, both Senior Directors in Ariel Property Advisors’ Capital Services Group, arranged financing with a debt fund. Aya Acquisitions acquired the property for $45 million.

The Capital Services Group for Ariel Property Advisors (Ariel) has arranged a $33.75 million acquisition loan for Renoir House, a 105,282-square-foot, 151-unit, predominantly free-market luxury residential building at 225 East 63rd Street on Manhattan’s Upper East Side.

Renoir House features beautifully appointed residences. A classic UES location just minutes from Central Park. Exceptional amenities, including a rooftop lounge, exclusive onsite gym, 24-7 doorman, fitness center, and lovely outdoor terraces overlooking the charm of Lenox Hill. A perfect picture of luxury living on the Upper East Side.

Luxurious indoor features include unique barnwood-style flooring, spacious closets with custom shelving, dual panel solid core doors, satin nickel door handles, window treatments, private terraces, open kitchen layouts, iced white quartz countertops, bosch stainless steel appliances, Fisher Paykel gas range, glass tile backsplash, under cabinet lighting, undermount kitchen and bathroom sinks, brushed nickel Moen fixtures, sink waste disposal, contemporary bathroom vanity, and caesarstone bathroom countertops.

Amenities include a 24/7 attended lobby, concierge services, package room, on-site laundry facilities, new lobby and common areas, gym and fitness studio, rooftop lounge with flat screen, landscaped patio, and on-site management. The community is both pet-friendly and transit-oriented.

Ariel Property Advisors is a New York City-based commercial real estate services and advisory company offering expertise in three core areas: Investment Sales, Capital Services and Research & Advisory. Our Investment Sales Group specializes in all major commercial asset types throughout the New York metropolitan area, the Capital Services Group provides clients nationwide with custom-tailored financing solutions and the Research & Advisory team delivers timely market reports, empowering both our professionals and clients. Additionally, our recent strategic partnership with GREA (Global Real Estate Advisors), a nationwide network of independent real estate investment services companies, further expands our reach and capabilities.