Citi Provides $55M Loan For Mixed-Use Property At 57 E 11th St In Greenwich Village
FINANCED
$55,000,000
+ 1
New York
See Similar DealsMixed-use5,576 SF
Financed 05/06/2019
FINANCED
Citi Provides $55M Loan For Mixed-Use Property At 57 E 11th St In Greenwich Village
57 E 11th St, Manhattan, New York, NY, USA
See Similar DealsMixed-use5,576 SF
Financed 05/06/2019
+ 1
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$9,863
Total Square Footage:5,576 SF
Transaction Type:Loan
A loan amount of $55,000,000 was secured for a mixed-use property located at 57 E 11th St in Greenwich Village. The lender for this transaction was Citi, and Winter Properties acted as the landlord. The brokers involved in the deal were Aaron Appel, Jonathan Schwartz, Keith Kurland, and Adam Schwartz of JLL NY Capital Markets.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $55,000,000
- Address: 57 E 11th St
- Market: Greenwich Village
The loan was provided by Citi, while Winter Properties served as the landlord for the property located at 57 E 11th St in Greenwich Village. The brokers involved in the transaction were Aaron Appel, Jonathan Schwartz, Keith Kurland, and Adam Schwartz of JLL NY Capital Markets.
Players
LANDLORD
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$55,000,000.00
Monthly NOI$366,666.67
Monthly Debt Service$347,637.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions