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101 West End Avenue

Updated Mar 30, 2026

Dermot Secures $283.64M Refinance Loan From Freddie Mac For 101 West End Avenue Multifamily
FINANCEDMultiFamily

Dermot Secures $283.64M Refinance Loan From Freddie Mac For 101 West End Avenue Multifamily

101 West End Avenue

$283,640,000

$622/SF

Building Size

456,000 SF

Asset Type

MultiFamily

Closing

Mar 12, 2026

About this deal

AI

The multifamily asset located at 101 West End Avenue in Manhattan encompasses a total area of 456,000 square feet and comprises 502 units. The transaction involved a loan amount of $283,640,000, specifically for a refinance purpose.

Summary of transaction details:

The deal included multiple representatives from different organizations. The landlord representation was comprised of Stephen Benjamin, Drew Spitler, and Andrew Levison from Dermot, and Len O’Donnell from Affinius Capital, along with PGGM. The brokerage team facilitated the transaction and included Aaron Appel, Dustin Stolly, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Sean Reimer, Michael Ianno, Sean Bastian, and Stanley Cayre from Walker & Dunlop.

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$283,640,000

$622/SF

MultiFamily

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Players

Aaron Appel

Walker & Dunlop

Broker

$36.2B

vol

212 deals

Broker

Freddie Mac

Freddie Mac

Lender

$573.2M

vol

8 deals

Lender
Freddie Mac
Freddie MacLender

Len O’Donnell

Affinius Capital

Landlord

$384.3M

vol

4 deals

Landlord
P
PGGMLandlord
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New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $622 per square foot on a published $283.6M for 456,000 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.06%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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