Capital One Provides $19.1M Loan For Multifamily Properties In Chelsea
FINANCED
$19,100,000
New York
See Similar DealsMultiFamily20,630 SF
Financed 07/23/2021
FINANCED
Capital One Provides $19.1M Loan For Multifamily Properties In Chelsea
126 West 25th Street, Manhattan, New York, NY, USA
See Similar DealsMultiFamily20,630 SF
Financed 07/23/2021
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$925
Total Square Footage:20,630 SF
Transaction Type:Loan
The multifamily property located at 126 West 25th Street and 124 West 25th Street in Chelsea has been involved in a loan transaction.
Summary of transaction details
- Property Type: Multifamily
- Loan Amount: $19,100,000
- Square Footage: 20,630
- Address: 126 West 25th Street, 124 West 25th Street
- Market: Chelsea
The lender for this transaction was Capital One. The landlord of the property is the Sabet Group, represented by Alfred Sabetfard.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$19,100,000.00
Monthly NOI$127,333.33
Monthly Debt Service$120,724.99
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions