MF1 Capital Provides $36.55M Loan For Multifamily Property Acquisition In Harlem
56 West 125th Street, Manhattan, New York, NY, USA
$36,550,000
$7,039/SF
Building Size
5,192 SF
Asset Type
Mixed-use
Closing
Jan 6, 2021
About this deal
AI
The property involved in this closed transaction is a multifamily asset located at 56 West 125th Street in Harlem. The property consists of 141 units.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $36,550,000
- Address: 56 West 125th Street
- Market: Harlem
The lender for this transaction was MF1 Capital, while the landlord was Jacob Kohn.
The mixed use loan at 56 West 125th Street, Manhattan, New York, NY, USA in New York, New York financed for $36.6M in 2021. Reported inventory is 5,192 square feet across 141 units, or about 7K per square foot. Named participants on the 56 West 125th Street, Manhattan, New York, NY, USA loan are Jacob Kohn. This page is the New York, New York file for the 56 West 125th Street, Manhattan, New York, NY, USA 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 56 West 125th Street, Manhattan, New York, NY, USA around 2021. Published consideration for 56 West 125th Street, Manhattan, New York, NY, USA is $36.6M, dated 2021. Cite this MF1 Capital Provides $36.55M Loan For Multifamily Property Acquisition In Harlem loan when underwriting similar mixed use product around New York, New York.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Visit Jacob Kohn 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
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93