FINANCED
Fortune Capital Group Refinances Multifamily Property In Mt. Hope, Bronx For $12.5M
106 Mount Hope Place
MultiFamily
29,000 SF
29,000 SF
Financed 186 days ago
Summary
Loan
NEW YORK
MultiFamily
29,000 sqft
The multifamily property located at 106 Mount Hope Place in Mt. Hope, Bronx has recently undergone a refinance loan transaction. The property spans over 29,000 square feet and consists of 44 units. The loan amount for this transaction was $12,500,000. The loan type is a refinance, and the loan terms include a full term interest-only payment structure. The loan is non-recourse and allows for a cash-out option.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $12,500,000
- Square Footage: 29,000
- Units: 44
- Market: Mt. Hope, Bronx
The deal was facilitated by Jake Gluck of Fortune Capital Group, representing the involved parties in the transaction. Notably, this property was previously occupied by FEHPS.
Players
All
2
Agents
1
Agencies
1
Details
FINANCED
IMAGE: Jake Gluck
DATE: 10/27/2023
ADDRESS: 106 Mount Hope Place
MARKET: Mt. Hope, Bronx
ASSET TYPE: Multifamily ~ SF: 29,000 ~ UNITS: 44
BROKERS: Jake Gluck (@LuckyJack87) - Fortune Capital Group (@Fortune_Capital_Group)
LOAN AMOUNT: $12,500,000
LOAN TYPE: Refinance
LOAN TERMS: Full Term IO. Non-Recourse. Cash-Out.
NOTE FROM BROKER: This was occupied by FEHPS.View on map
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Address106 Mount Hope Place
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