Arbor Realty Trust Provides $5.3M Loan For Mixed-Use Property At 445 E. 78th Street In Lenox Hill
FINANCED
$5,296,000
New York
See Similar DealsMixed-use2,554 SF
Financed 03/03/2020
FINANCED
Arbor Realty Trust Provides $5.3M Loan For Mixed-Use Property At 445 E. 78th Street In Lenox Hill
445 E 78th St, New York, NY 10075, USA
See Similar DealsMixed-use2,554 SF
Financed 03/03/2020
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$2,073
Total Square Footage:2,554 SF
Transaction Type:Loan
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $5,296,000
- Lender: Arbor Realty Trust
- Landlord: Izhaki Group
- Broker: Lenny Solinsky - Izhaki Group
The property involved in this transaction is located at 445 E. 78th Street in the Lenox Hill market. It is a mixed-use property, but no further details were provided regarding its characteristics or square footage.
The lender for this transaction is Arbor Realty Trust. The landlord is the Izhaki Group. Lenny Solinsky, representing the Izhaki Group, acted as the broker in this deal. No additional information about the transaction or individuals involved was provided.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$5,296,000.00
Monthly NOI$35,306.67
Monthly Debt Service$33,474.32
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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