Keysite Capital Partners Issues $40M Loan For Mixed-Use Property In New York
30 E 68th St, New York, NY, 10065
$40,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Aug 21, 2019
About this deal
AI
The asset involved in this transaction is a mixed-use property located at 30 E 68th St, New York, NY, 10065. The loan amount for this transaction is $40,000,000.00, positioned within the New York market.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $40,000,000.00
- Address: 30 E 68th St, New York, NY, 10065
- Market: New York
- Lender: Keysite Capital Partners
- Borrower's Rep: Ronnie Levine - Meridian Capital Group, Thomas Wayda - Greystone
This transaction involves Keysite Capital Partners as the lender. The borrower's representatives are Ronnie Levine from Meridian Capital Group and Thomas Wayda from Greystone, playing a crucial role in facilitating the deal.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93