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320 East 82nd Street

Eric Goodman Of Goodman Capital Provides $6.5 Million Loan For Yorkville Condo Transaction
FINANCEDCondo

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

Goodman Capital
Goodman CapitalLender

David Mitchell

Landlord

$150.3M

vol

10 deals

Landlord

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