Updated Oct 17, 2025
PH Realty Capital Refinances Mixed-Use Portfolio In Lenox Hill For $183M
New York City, New York
$183,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 6, 2022
About this deal
AI
The mixed-use property asset involves a loan amount of $183,000,000 for refinancing across multiple addresses including 114 E. 71st St., 1107 1st Ave., 1109 1st Ave., 232 W. 74th St., and several others within the Lenox Hill market, encompassing a total square footage of 25,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $183,000,000
- Market: Lenox Hill
- Lender:
- Landlord: PH Realty Capital
- Broker: Nate Hyman - Polaris Funding
- Loan Type: Refinance
This transaction highlights the roles of key participants, including lender and landlord PH Realty Capital, with broker Nate Hyman representing Polaris Funding in the refinance deal.
On the Map
$183,000,000
MultiFamily
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Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.09%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93