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Laura Lemle Of LC Lemle Real Estate Group Refinances Carnegie Hill Multifamily For $8M With Mutual Of Omaha

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FINANCED
$8,000,000

New York

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MultiFamily20,653 SF
Financed 10/29/2025
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Property Image
FINANCED

Laura Lemle Of LC Lemle Real Estate Group Refinances Carnegie Hill Multifamily For $8M With Mutual Of Omaha

1324 Lexington Avenue

See Similar Deals
MultiFamily20,653 SF
Financed 10/29/2025
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$387
Total Square Footage:20,653 SF
Transaction Type:Loan

The property asset involved in this transaction is a multifamily building located at 1324 Lexington Avenue in Carnegie Hill, Manhattan. The building has a base square footage of 37,746 and a total square footage of 20,653. The property consists of 20 units and has been refinanced with a loan amount of $8,000,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $8,000,000
  • Address: 1324 Lexington Avenue
  • Market: Carnegie Hill, Manhattan
  • Asset Size: Base Square Footage 37,746, Total Square Footage 20,653
  • Lender: Mutual of Omaha
  • Landlord: Laura Lemle - LC Lemle Real Estate Group
  • Prior Debt: $12.5M from Santander Bank

Key individuals involved in this deal include Laura Lemle, who represents LC Lemle Real Estate Group, handling the refinancing of the property. This transaction replaced the previous debt arrangement with Santander Bank.

Players

Mutual of Omaha
Mutual of Omaha
LENDER
LL
Laura Lemle
5 deals$8M volume
LANDLORD
LG
Lc Lemle Real Estate Group
LANDLORD

Details

FINANCED
IMAGE: Laura Lemle DATE: 10/29/2025 ADDRESS: 1324 Lexington Avenue MARKET: Carnegie Hill, Manhattan ASSET TYPE: Multifamily ~ BSF: 37,746 ~ SF: 20,653 LENDER: Mutual of Omaha LANDLORD: Laura Lemle - LC Lemle Real Estate Group LOAN AMOUNT: $8,000,000 LOAN TYPE: Refinance NOTE: LC Lemle Real Estate Group refinanced its 20-unit walkup at 1324 Lexington Ave. in Carnegie Hill with an $8M loan from Mutual of Omaha, replacing prior $12.5M debt from Santander Bank.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$8,000,000.00

Monthly NOI$53,333.33
Monthly Debt Service$50,565.44
Change in Cash Flow$0.00
Refinance Proceeds$0.00