CenterSquare Investment Management Refinances Specialty Building In Upper West Side For $20.3M
FINANCED
$20,300,000
New York
See Similar Deals10,386 SF
Financed 10/21/2022
FINANCED
CenterSquare Investment Management Refinances Specialty Building In Upper West Side For $20.3M
140 West 81st Street, New York City, New York 10024, United States
See Similar Deals10,386 SF
Financed 10/21/2022
Summary
NEW YORK
Price Per Square Foot:$1,954
Total Square Footage:10,386 SF
Transaction Type:Loan
The property involved in the transaction is a Specialty Building located at 140 West 81st Street in the Upper West Side market. The building has a total square footage of 10,386 with a buildable square footage of 25,544.
Summary of transaction details
- Property Type: Specialty Building
- Address: 140 West 81st Street
- Market: Upper West Side
- Buildable Square Footage: 25,544
- Total Square Footage: 10,386
The lender involved in the transaction is CenterSquare Investment Management, represented by Dean C. Ravosa. The landlord of the property is Pinnacle Group, with Joel Wiener as the representative.
The loan amount for the transaction is $20,300,000. The loan type is a refinance.
Players
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$20,300,000.00
Monthly NOI$135,333.33
Monthly Debt Service$128,309.81
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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