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122 East 37th Street

Amalgamated Bank Provides $10,925,000 Refinance Loan For Multifamily Property In Murray Hill
FINANCEDMultiFamily

Amalgamated Bank Provides $10,925,000 Refinance Loan For Multifamily Property In Murray Hill

122 East 37th Street, 133 East 35th Street & 114 East 37th Street

$10,925,000

Building Size

Asset Type

MultiFamily

Closing

Jul 30, 2026

AI

The asset involved in this transaction consists of multifamily properties located at 122 East 37th Street, 133 East 35th Street, and 114 East 37th Street in the Murray Hill area. The deal involved a refinance loan amounting to $10,925,000.

Summary of transaction details:

This transaction was facilitated by Ariel Taieb, representing Meridian Capital Group, which acted on behalf of the borrower in securing the refinancing of the multifamily properties in Murray Hill.

Players

Ariel Taieb

Meridian Capital Group

Broker

$262.3M

vol

8 deals

Broker
Amalgamated Bank
Amalgamated BankLender

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

1.45%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93