G4 Capital Partners Provides $116.5M Refinance Loan For Mixed-Use Property In Upper East Side
252 East 72nd Street, New York, NY 10021
$116,500,000
$582/SF
Building Size
200,000 SF
Asset Type
Mixed-use
Closing
Dec 24, 2021
About this deal
AI
The mixed-use property located at 252 East 72nd Street in New York's Upper East Side recently underwent a refinancing transaction. The property spans approximately 200,000 square feet and is situated in a bustling market.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $116,500,000
- Address: 252 East 72nd Street, NY
- Market: Upper East Side
- Lender: G4 Capital Partners - Chris Goetz, Jason Behfarin, Robyn Sorid & Robert Palumbo
- Landlord: Chetrit Group
- Broker: Henry Bodek - Galaxy Capital
G4 Capital Partners, represented by Chris Goetz, Jason Behfarin, Robyn Sorid, and Robert Palumbo, served as the lender for this refinancing deal. The Chetrit Group acted as the landlord for the property. Henry Bodek, from Galaxy Capital, played a crucial role as the broker in facilitating the transaction.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Visit Henry Bodek to view all their deals.
Browse New York mixed use loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93