JPMorgan Chase Bank Provides $29.8M Loan For Industrial Property At 465 W. 150th St
FINANCED
$29,750,000
New York
See Similar DealsIndustrial43,621 SF
Financed 11/06/2020
FINANCED
JPMorgan Chase Bank Provides $29.8M Loan For Industrial Property At 465 W. 150th St
465 W 150th St, New York, NY, USA
See Similar DealsIndustrial43,621 SF
Financed 11/06/2020
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$682
Total Square Footage:43,621 SF
Transaction Type:Loan
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
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$29,750,000.00
Monthly NOI$198,333.33
Monthly Debt Service$188,040.24
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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