Moishe Mana Refinances Mott Haven Industrial Property With $21.5M Loan From JPMorgan Chase
FINANCED
$21,500,000
New York
See Similar DealsIndustrial155,000 SF
Financed 09/27/2022
FINANCED
Moishe Mana Refinances Mott Haven Industrial Property With $21.5M Loan From JPMorgan Chase
840 East 134th Street, The Bronx, New York 10454, United States
See Similar DealsIndustrial155,000 SF
Financed 09/27/2022
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$138
Total Square Footage:155,000 SF
Transaction Type:Loan
The asset involved in this transaction is an industrial property located at 840 East 134th Street in the Mott Haven market of the Bronx. The property covers a total square footage of 155,000 and has been refinanced for a total amount of $21,500,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $21,500,000
- Loan Amount: $21,500,000
- Loan Type: Refinance
- Lender: JPMorgan Chase - Candance Falsetto
- Landlord: Moishe Mana
The key individuals involved in this deal include Candance Falsetto, who represents JPMorgan Chase as the lender. Moishe Mana acts as the landlord for the property, playing a significant role in this financial transaction.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$21,500,000.00
Monthly NOI$143,333.33
Monthly Debt Service$135,894.63
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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