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169 Upper Mountain Avenue

Updated Oct 14, 2026

William Zev Levy Of IceCap Group Provides $1,622,000 Refinance Loan For Montclair Single Family Home
FINANCEDSingle Family Residence

William Zev Levy Of IceCap Group Provides $1,622,000 Refinance Loan For Montclair Single Family Home

169 Upper Mountain Avenue

$1,622,000

Building Size

—

Asset Type

Single Family Residence

Closing

Oct 5, 2026

About this deal

AI

The property asset involved in this transaction is a single-family home located at 169 Upper Mountain Avenue in Montclair. The loan for this property was secured for a total amount of $1,622,000 with terms including a refinance and construction loan lasting 18 months.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,622,000
  • Lender: William Zev Levy - IceCap Group
  • Loan Type: Refinance & Construction
  • Loan Terms: 18 Months
  • Market: Montclair

William Zev Levy is the representative for IceCap Group in this transaction. The lender emphasizes the expansion of its presence in residential and mixed-use bridge and permanent lending, particularly in New Jersey and across the nation. A note from the lender highlights the successful closing of another deal in Montclair, NJ.

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$1,622,000

Single Family Residence

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Players

William Zev Levy

Ice Cap Group

Originator

$7.8M

vol

3 deals

Originator

Montclair Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.78%

Cash-on-Cash

-2.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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