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784 Columbus Avenue, New Yo...

Updated Dec 4, 2024

Chetrit Group And Stellar Management Refinances Mixed-Use Properties On Upper East Side & Upper West Side For $1.08B With Lenders BMO, Starwood, And Citibank
FINANCEDMixed-use

Chetrit Group And Stellar Management Refinances Mixed-Use Properties On Upper East Side & Upper West Side For $1.08B With Lenders BMO, Starwood, And Citibank

784 Columbus Avenue, New York City, New York 10025, United States

$1,079,000,000

$680/SF

Building Size

1,585,271 SF

Asset Type

Mixed-use

Closing

Aug 2, 2022

About this deal

AI

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $1,079,000,000
  • Address: 784, 788 & 792 Columbus Avenue, 305 East 86th Street & 160 East 88th Street
  • Market: Upper East Side & Upper West Side
  • Square Footage: 1,585,271 SF
  • Lender: BMO - Paul Vanderslice, Starwood - Steve Bartlett & Citibank - Joseph Dyckman
  • Landlord: The Chetrit Group & Stellar Management
  • Broker: Henry Bodek - Galaxy Capital

The mixed use loan at 784 Columbus Avenue, New York City, New York 10025, United States in New York, New York financed for $1.1B in 2022. The building is 1,585,271 square feet, implying about 680 per square foot on the published price. Henry Bodek, Galaxy Capital appear on the loan alongside Galaxy Capital. This page is the New York, New York file for the 784 Columbus Avenue, New York City, New York 10025, United States mixed use financed: pricing, party profiles, and other closed mixed use comps from the same New York sit in the Market section below. Filter that New York mixed use set by closing date to see what else financed near 784 Columbus Avenue, New York City, New York 10025, United States around 2022. Published consideration for 784 Columbus Avenue, New York City, New York 10025, United States is $1.1B, dated 2022. Cite this Chetrit Group And Stellar Management Refinances Mixed-Use Properties On Upper East Side & Upper West Side For $1.08B With Lenders BMO, Starwood, And Citibank loan when underwriting similar mixed use product around New York, New York.

Players

Henry Bodek

Galaxy Capital

Broker

$12.3B

vol

69 deals

Broker
Stellar Management
Stellar ManagementLender
Citibank
CitibankLender
Stellar Management
Stellar ManagementLandlord

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Deal FAQ

About $680 per square foot on a published $1.1B for 1,585,271 square feet (2022).

Visit Henry Bodek to view all their deals.

Browse New York mixed use loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.01%

Cash-on-Cash

-0.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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