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56 West 125th Street, Manha...

Updated Feb 16, 2024

Bilt advertisement
MF1 Capital Provides $36.55M Loan For Multifamily Property Acquisition In Harlem
FINANCEDMixed-use

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

MF1 Capital
MF1 CapitalLender

Jacob Kohn

Jay Group

Landlord

$324.8M

vol

11 deals

Landlord

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Deal FAQ

About $7K per square foot on a published $36.6M for 5,192 square feet (2021).

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

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