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DHA Capital, First Atlantic Real Estate, And AMS Acquisitions Acquire Residential Condo On 75 Kenmare St For $72M

Property Image
FINANCED
$72,000,000
Christopher (Chris) Kramer
Jordan (Jordy) Roeschlaub
+ 1

New York

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42,533 SF
Financed 05/01/2019
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Property Image
FINANCED

DHA Capital, First Atlantic Real Estate, And AMS Acquisitions Acquire Residential Condo On 75 Kenmare St For $72M

75 Kenmare St, New York, NY, USA

See Similar Deals
42,533 SF
Financed 05/01/2019
Christopher (Chris) Kramer
Jordan (Jordy) Roeschlaub
+ 1
Contact now

Summary

NEW YORK
Price Per Square Foot:$1,692
Total Square Footage:42,533 SF
Transaction Type:Loan

A residential condo located at 75 Kenmare St has been involved in a closed transaction. The property, known as 75 Kenmare Condos, spans a total area of 42,533 square feet and consists of 38 units. The transaction took place on May 1, 2019.

Summary of transaction details

The notable individuals and companies involved in this transaction include Dustin Stolly, Jordan Roeschlaub, Chris Kramer, and Nick Scribani from Newmark Knight Frank, who acted as brokers. Lenny Kravitz, renowned musician and designer, provided the design for the property.

Players

Dustin Stolly
264 deals$49.1B volume
BROKER

Nick Scribani
Newmark
191 deals$55.1B volume(212) 372-2113
BROKER

Christopher (Chris) Kramer
Newmark
112 deals$21.8B volume(212) 850-5472
BROKER

Jordan (Jordy) Roeschlaub
Newmark
321 deals$96.2B volume
BROKER

Deutsche Bank
LENDER


Details

FINANCED
IMAGE: Jordan Roeschlaub, Dan Hollander, Dustin Stolly, Avi Abadie Nick Scribani & @LennyKravitz 🕺 DATE: 05/01/2019 ADDRESS: 75 Kenmare St @75KenmareCondos ASSET TYPE: Residential Condo LENDER: @DeutscheBank LANDLORD: DHA Capital, First Atlantic Real Estate & AMS Acquisitions BROKERS: Dustin Stolly, Jordan Roeschlaub, Chris Kramer & Nick Scribani @newmarkkf DESIGNER: @Kravitz_Design @LennyKravitz LOAN AMOUNT: $72,000,000 SF: 42,533 UNITS: 38

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$72,000,000.00

Monthly NOI$480,000.00
Monthly Debt Service$455,088.98
Change in Cash Flow$0.00
Refinance Proceeds$0.00