Apollo Global Management Provides $110.8M Loan For Residential Condo On Upper West Side
720 West End Ave, New York, NY 10025, USA
$110,800,000
$466/SF
Building Size
237,568 SF
Asset Type
—
Closing
Jul 28, 2020
About this deal
AI
The residential condo located at 720 West End Avenue in the Upper West Side has been involved in a closed property transaction. The property spans a total square footage of 237,568. The transaction took place on 07/29/2020.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $110,800,000
- Lender: Apollo Global Management
- Landlord: Brack Capital Real Estate – Shai Shamir
- Loan Image: Leon Black & Shai Shamir
- Address: 720 West End Avenue
- Market: Upper West Side
The lender for this transaction is Apollo Global Management. The landlord involved is Brack Capital Real Estate represented by Shai Shamir. The loan amount for the transaction is $110,800,000.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93