FINANCEDCondo
Interaudi Bank Provides $35M Loan For Condo In New York With Borrower's Representatives
27 E 79th St, New York, NY, 10075
$35,000,000
Building Size
—
Asset Type
Condo
Closing
May 18, 2018
AI
The property at 27 E 79th St, New York, NY, 10075, is a Condo located in the New York market. The loan for this asset was $35,000,000.00 provided by Interaudi Bank.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $35,000,000.00
- Address: 27 E 79th St, New York, NY, 10075
- Market: New York
- Borrower's Rep: Richard Sutton(Lev), Tal Bar-or(Lantern Real Estate)
- Lender: Interaudi Bank
The Borrower's Representatives in this transaction were Richard Sutton from Lev and Tal Bar-or from Lantern Real Estate.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93