Shaya Sonnenschein Of Meridian Capital Group Arranges $115M Loan In New York
FINANCED
$115,000,000
New York
See Similar DealsFINANCED
Shaya Sonnenschein Of Meridian Capital Group Arranges $115M Loan In New York
1731 York Ave, New York, NY, 10128
See Similar DealsSummary
NEW YORK
Transaction Type:Loan
The property located at 1731 York Ave, New York, NY, 10128, was involved in a recent transaction where a loan of $115,000,000.00 was secured. The borrower's representative for this deal was Shaya Sonnenschein from Meridian Capital Group. The lender in this transaction was an unknown life insurance company.
Summary of transaction details:
- Property Type: Not specified
- Transaction Amount: $115,000,000.00
- Market: New York
The loan secured for the property at 1731 York Ave was facilitated by Shaya Sonnenschein from Meridian Capital Group, acting as the borrower's representative. The lender in this deal was an undisclosed life insurance company, showcasing the diverse range of entities involved in the New York real estate market.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$115,000,000.00
Monthly NOI$766,666.67
Monthly Debt Service$726,878.23
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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