Brodsky Organization Acquires Commercial Condo In Lincoln Square For $82.1M
FINANCED
$82,067,000
New York
See Similar Deals32,233 SF
Financed 04/09/2020
FINANCED
Brodsky Organization Acquires Commercial Condo In Lincoln Square For $82.1M
200 W 60th St, New York, NY 10023, USA
See Similar Deals32,233 SF
Financed 04/09/2020
Summary
NEW YORK
Price Per Square Foot:$2,546
Total Square Footage:32,233 SF
Transaction Type:Loan
Located at 200 West 60th Street in the Lincoln Square market, a commercial condo was recently involved in a closed transaction. The property, owned by the Brodsky Organization, was subject to a loan provided by Wells Fargo. The loan amount for this transaction was $82,067,000.
Summary of transaction details:
- Property Type: Commercial condo
- Transaction Amount: $82,067,000
- Market: Lincoln Square
- Lender: Wells Fargo
- Landlord: Brodsky Organization
The deal's key individuals and companies involved in this transaction include the Brodsky Organization as the landlord, and Wells Fargo as the lender providing the $82,067,000 loan.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$82,067,000.00
Monthly NOI$547,113.33
Monthly Debt Service$518,719.26
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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