Eric Goodman Of Goodman Capital Provides $6.5 Million Loan For Yorkville Condo Transaction
320 East 82nd Street
$6,500,000
$318/SF
Building Size
20,432 SF
Asset Type
Condo
Closing
Jun 25, 2025
AI
The property asset involved in the context is a condo located at 320 East 82nd Street in Yorkville. The asset spans 20,432 square feet, and the loan amount associated with this transaction is $6,500,000. The loan type is classified as a note on note.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,500,000
- Address: 320 East 82nd Street
- Market: Yorkville
- Asset Size: 20,432 SF
- Lender: Eric Goodman - Goodman Capital
- Landlord: David Mitchell
- Loan Type: Note on note
Key individuals involved in the transaction include Eric Goodman, who represents the lender Goodman Capital, and David Mitchell, who serves as the landlord for this property deal.
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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93