Eric Goodman Of Goodman Capital Provides $6.5 Million Loan For Yorkville Condo Transaction
FINANCED
$6,500,000
New York
See Similar DealsCondo20,432 SF
Financed
FINANCED
Eric Goodman Of Goodman Capital Provides $6.5 Million Loan For Yorkville Condo Transaction
320 East 82nd Street
See Similar DealsCondo20,432 SF
Financed
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$318
Total Square Footage:20,432 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,500,000.00
Monthly NOI$43,333.33
Monthly Debt Service$41,084.42
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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