Alma Bank Provides $1.6M Refinance Loan For Mixed-Use Property On 47-31 Vernon Boulevard, New York City
FINANCED
$1,600,000
New York
See Similar DealsMixed-use7,500 SF
Financed 12/08/2022
FINANCED
Alma Bank Provides $1.6M Refinance Loan For Mixed-Use Property On 47-31 Vernon Boulevard, New York City
47-31 Vernon Boulevard
See Similar DealsMixed-use7,500 SF
Financed 12/08/2022
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$213
Total Square Footage:7,500 SF
Transaction Type:Loan
Located at 47-31 Vernon Boulevard in New York City, this mixed-use property spans 7,500 square feet. The property was recently involved in a loan transaction.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $1,600,000
- Loan Type: Refinance
The lender in this transaction was Alma Bank. The landlord, representing Benaim X Partners, was Eric Benaim.
Players
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,600,000.00
Monthly NOI$10,666.67
Monthly Debt Service$10,113.09
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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