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465 W 150th St, New York, N...

Updated Jun 5, 2025

JPMorgan Chase Bank Provides $29.8M Loan For Industrial Property At 465 W. 150th St
FINANCEDIndustrial

JPMorgan Chase Bank Provides $29.8M Loan For Industrial Property At 465 W. 150th St

465 W 150th St, New York, NY, USA

$29,750,000

$682/SF

Building Size

43,621 SF

Asset Type

Industrial

Closing

Nov 5, 2020

About this deal

AI

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $29,750,000
  • Address: 465 W. 150th St.
  • Square Footage: 43,621 SF
  • Lender: JPMorgan Chase Bank
  • Landlord: NexPoint

The industrial loan at 465 W 150th St, New York, NY, USA in New York, New York financed for $29.8M in 2020. The building is 43,621 square feet, implying about 682 per square foot on the published price. This page is the New York, New York file for the 465 W 150th St, New York, NY, USA industrial financed: pricing, party profiles, and other closed industrial comps from the same New York sit in the Market section below. Filter that New York industrial set by closing date to see what else financed near 465 W 150th St, New York, NY, USA around 2020. Published consideration for 465 W 150th St, New York, NY, USA is $29.8M, dated 2020. Cite this JPMorgan Chase Bank Provides $29.8M Loan For Industrial Property At 465 W. 150th St loan when underwriting similar industrial product around New York, New York.

Players

J.P. Morgan Chase
J.P. Morgan ChaseLender

New York Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Deal FAQ

About $682 per square foot on a published $29.8M for 43,621 square feet (2020).

Browse New York industrial loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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