Morgan Stanley Provides $11.8M Loan For West Village Multifamily Property
FINANCED
$11,800,000
England
See Similar DealsMultiFamily
Financed 11/03/2020
FINANCED
Morgan Stanley Provides $11.8M Loan For West Village Multifamily Property
10 Charles Street, West Village
See Similar DealsMultiFamily
Financed 11/03/2020
Summary
Asset Type:MultiFamily
Transaction Type:Loan
A multifamily property located at 10 Charles Street and 35 Perry Street in the West Village has recently undergone a closed transaction. The property, owned by Joe Ienco, secured a loan of $11,800,000 from Morgan Stanley. The loan terms are set for 10 years with full term interest only. Matthew Shatz of B6 Real Estate Advisors represented the transaction as the broker.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $11,800,000
- Loan Terms: 10 Years – Full Term Interest Only
- Lender: Morgan Stanley
- Landlord: Joe Ienco
- Broker: Matthew Shatz - B6 Real Estate Advisors
Matthew Shatz, the Director of Capital Advisory at B6 Real Estate Advisors, played a crucial role in facilitating this transaction. His expertise and representation ensured a successful deal for all parties involved.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$11,800,000.00
Monthly NOI$78,666.67
Monthly Debt Service$74,584.03
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions