facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Loan

/

1324 Lexington Avenue

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

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

1324 Lexington Avenue

$8,000,000

$387/SF

Building Size

20,653 SF

Asset Type

MultiFamily

Closing

Oct 29, 2025

AI

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 OmahaLender

Laura Lemle

Lc Lemle Real Estate Group

Landlord

$8M

vol

5 deals

Landlord

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93