Thor Equities Closes $16M Financing for 139 Fifth

Thor Equities Group has closed on $16,000,000 in new financing from Northeast Bank for 139 Fifth Avenue in New York City’s Flatiron District. The mixed-use property is anchored by Abercrombie & Fitch and also includes fashion and creative tenants, plus Allegion’s showroom.

Located steps from Madison Square Park between 20th and 21st Streets, the asset benefits from high foot traffic and multiple transit options. Thor’s statement frames the financing close as validation of Flatiron demand and the quality of the property.