Alma Bank Provides $2.45M Refinance Loan For 47-30 Vernon Boulevard Mixed-Use Property - Eric Benaim
FINANCED
$2,450,000
New York
See Similar DealsMixed-use9,000 SF
Financed 12/08/2022
FINANCED
Alma Bank Provides $2.45M Refinance Loan For 47-30 Vernon Boulevard Mixed-Use Property - Eric Benaim
47-30 Vernon Boulevard
See Similar DealsMixed-use9,000 SF
Financed 12/08/2022
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$272
Total Square Footage:9,000 SF
Transaction Type:Loan
Located at 47-30 Vernon Boulevard in New York City, the property involved in this transaction is a mixed-use asset. The deal, which closed on 12/07/2022, was a loan refinance.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $2,450,000
- Lender: Alma Bank
- Landlord: Benaim X Partners - Eric Benaim
- Loan Type: Refinance
- Market: New York City
Represented by Eric Benaim from Benaim X Partners, the landlord in this transaction secured a loan amount of $2,450,000 from Alma Bank to refinance the property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,450,000.00
Monthly NOI$16,333.33
Monthly Debt Service$15,485.67
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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