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David Lichstenstein & Mitchell Hochberg's IghtstoneGroup Secures $89.9M Loan For Residential Condo At 130 William Street

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FINANCED
$89,981,607

New York

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107,124 SF
Financed 08/06/2020
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Property Image
FINANCED

David Lichstenstein & Mitchell Hochberg's IghtstoneGroup Secures $89.9M Loan For Residential Condo At 130 William Street

130 William Street, New York, NY 10038

See Similar Deals
107,124 SF
Financed 08/06/2020
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Summary

NEW YORK
Price Per Square Foot:$840
Total Square Footage:107,124 SF
Transaction Type:Loan

Located at 130 William Street in the Financial District, this residential condo was involved in a closed transaction. The property is owned by David Lichstenstein and Mitchell Hochberg, who represent the Lightstone Group. The loan for this transaction was provided by Craig Solomon and Laurie Golub, who are associated with Square Mile Capital. The loan amount for this transaction was $89,981,607.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $89,981,607

The key individuals involved in this deal include Laurie Golub, Craig Solomon, David Lichstenstein, and Mitchell Hochberg. Laurie Golub and Craig Solomon represent Square Mile Capital, the lender in this transaction. David Lichstenstein and Mitchell Hochberg represent the Lightstone Group, the landlord of the property.

Players

David Lichtenstein
16 deals$1.4B volume(212) 616-9969
BROKER

David Lichtenstein
Lightstone Group
16 deals$1.4B volume(212) 616-9969
BROKER

Square Mile Capital
LENDER

Details

FINANCED
IMAGE: Laurie Golub, Craig Solomon, David Lichstenstein & Mitchell Hochberg DATE: 08/06/2021 ADDRESS: @130William Street MARKET: Financial District ASSET TYPE: Residential Condo LENDER: Craig Solomon & Laurie Golub - Square Mile Capital LANDLORD: David Lichstenstein & Mitchell Hochberg - @LightstoneGroup LOAN AMOUNT: $89,981,607

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$89,981,607.00

Monthly NOI$599,877.38
Monthly Debt Service$568,744.96
Change in Cash Flow$0.00
Refinance Proceeds$0.00