Tawil Family Secures $2.2 Million Refinance Loan For Mixed-Use Property In Harlem
FINANCED
$2,200,000
New York
See Similar DealsMixed-use6,355 SF
Financed 07/30/2025
FINANCED
Tawil Family Secures $2.2 Million Refinance Loan For Mixed-Use Property In Harlem
2272 Adam Clayton Powell Junior Boulevard
See Similar DealsMixed-use6,355 SF
Financed 07/30/2025
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$346
Total Square Footage:6,355 SF
Transaction Type:Loan
The property asset involved is a mixed-use building located at 2272 Adam Clayton Powell Junior Boulevard in Harlem, Manhattan. The total square footage of the asset is 6,355. The loan associated with this property is a refinance amounting to $2,200,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,200,000
- Lender: Kenneth A. Stagnari & Joseph E. Fingerman - Peapack Private Bank & Trust
- Landlord: Tawil Family
- Loan Type: Refinance
- Date of Transaction: 7/30/2025
In this transaction, Kenneth A. Stagnari and Joseph E. Fingerman represent Peapack Private Bank & Trust as the lenders. The landlords involved in the deal are the Tawil Family.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,200,000.00
Monthly NOI$14,666.67
Monthly Debt Service$13,905.50
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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