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457 Schuyler Avenue

Helio Antunes Secures $20.8 Million Refinance Loan For Multifamily Asset In Kearny, NJ
FINANCEDMultiFamily

Helio Antunes Secures $20.8 Million Refinance Loan For Multifamily Asset In Kearny, NJ

457 Schuyler Avenue

$20,800,000

Building Size

Asset Type

MultiFamily

Closing

Apr 28, 2026

AI

This multifamily property, situated at 457 Schuyler Avenue in Kearny, NJ, has undergone a refinance transaction amounting to $20,800,000. The asset is part of the growing multifamily market in the area.

Summary of transaction details:

The refinance was facilitated by Jesse Yodice and Eric Rosenstock, representing Greystone. Alan Blank from Cushman & Wakefield acted as the landlord's representative, providing support throughout the transaction process.

Players

Alan Blank

Cushman & Wakefield

Broker

$1.3B

vol

13 deals

Broker
Eric Rosenstock

Eric Rosenstock

Greystone

Lender

$1.4B

vol

21 deals

Lender

Kearny MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.76%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93