Updated Aug 18, 2026
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
About this deal
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:
- Property Type: Multifamily
- Transaction Amount: $10,925,000
- Loan Type: Refinance
- Lender: Amalgamated Bank
- Broker: Ariel Taieb - Meridian Capital Group
- Loan Date: 07/30/2026
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.
On the Map
$10,925,000
MultiFamily
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Players
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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