Heitman Capital Provides $40.3M Acquisition Loan For Industrial Property On East 10th Street
FINANCED
$40,300,000
New York
See Similar DealsIndustrial92,470 SF
Financed 07/14/2022
FINANCED
Heitman Capital Provides $40.3M Acquisition Loan For Industrial Property On East 10th Street
436 East 10th Street, New York City, New York 10009, United States
See Similar DealsIndustrial92,470 SF
Financed 07/14/2022
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$435
Total Square Footage:92,470 SF
Transaction Type:Loan
The Industrial property located at 436 East 10th Street in Alphabet City has been involved in a recent closed transaction. The property spans a total area of 92,470 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $40,300,000
- Lender: Heitman Capital
- Landlord: Storage Post
Heitman Capital provided a loan of $40,300,000 for the acquisition of the property. The landlord in this transaction was Storage Post.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$40,300,000.00
Monthly NOI$268,666.67
Monthly Debt Service$254,723.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions