Interaudi Bank Provides $35M Loan For Condo In New York With Borrower's Representatives
FINANCED
$35,000,000
New York
See Similar DealsCondo
Financed 05/18/2018
FINANCED
Interaudi Bank Provides $35M Loan For Condo In New York With Borrower's Representatives
27 E 79th St, New York, NY, 10075
See Similar DealsCondo
Financed 05/18/2018
Summary
NEW YORK
Asset Type:Condo
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$35,000,000.00
Monthly NOI$233,333.33
Monthly Debt Service$221,223.81
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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