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Mixed Use

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22 East 81st Street

Adam Savell Of Corigin Real Estate Provides $4.3 Million Refinance Loan For Mixed-use Property
FINANCEDMixed-use

Adam Savell Of Corigin Real Estate Provides $4.3 Million Refinance Loan For Mixed-use Property

22 East 81st Street

$4,300,000

$632/SF

Building Size

6,800 SF

Asset Type

Mixed-use

Closing

Aug 20, 2025

AI

The property asset involved is a mixed-use building located at 22 East 81st Street in the Upper East Side. It encompasses a total square footage of 6,800 and consists of 6 units. The loan amount secured for this property is $4,300,000, which is a refinance deal.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,300,000
  • Asset Square Footage: 6,800
  • Units: 6
  • Address: 22 East 81st Street
  • Market: Upper East Side
  • Lender: Adam Savell - Corigin Real Estate
  • Broker: Daniel Kowalsky - HKS Real Estate Advisors
  • Analyst: Max Rubinchik - HKS Real Estate Advisors
  • Loan Type: Refinance

Key individuals involved in this transaction include Daniel Kowalsky from HKS Real Estate Advisors, who acted as the broker, and Max Rubinchik, also from HKS Real Estate Advisors, serving as the analyst for the deal. Adam Savell represented Corigin Real Estate as the lender, facilitating the financing for the refinance of the mixed-use property.

Players

Daniel Kowalsky

HKS Real Estate Advisors

Broker

$119.4M

vol

19 deals

Broker
HKS Real Estate Advisors
HKS Real Estate AdvisorsBrokerage
Corigin Real Estate
Corigin Real EstateLender

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.69%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93