Updated Dec 4, 2024
Matthew Barbaccia Of Brix Real Estate Advisors Arranges $1.365M Refinance For Valhalla Multifamily
135 South Kensico Avenue & 145 South Kensico Avenue
$1,365,000
$4/SF
Building Size
160,300 SF
Asset Type
MultiFamily
Closing
May 13, 2024
About this deal
AI
The multifamily property located at 135-145 S Kensico Avenue in Valhalla spans 160,300 square feet. The loan for this property was refinanced, with Cathay Bank providing $1,365,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,365,000
- Address: 135-145 S Kensico Avenue
- Market: Valhalla
- Asset Type: Multifamily
- Lender: Cathay Bank
- Broker: Matthew Barbaccia - Brix Real Estate Advisors
The broker for this transaction was Matthew Barbaccia from Brix Real Estate Advisors, representing the deal in Valhalla.
The multifamily loan at 135 South Kensico Avenue in Valhalla, New York financed for $1.4M in 2024. The building is 320,600 square feet, implying about 4 per square foot on the published price. Matthew Barbaccia, Brix Real Estate Advisors appear on the loan alongside Brix Real Estate Advisors. This page is the Valhalla, New York file for the 135 South Kensico Avenue multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Valhalla sit in the Market section below. Filter that Valhalla multifamily set by closing date to see what else financed near 135 South Kensico Avenue around 2024. Published consideration for 135 South Kensico Avenue is $1.4M, dated 2024. Cite this Matthew Barbaccia Of Brix Real Estate Advisors Arranges $1.365M Refinance For Valhalla Multifamily loan when underwriting similar multifamily product around Valhalla, New York.
Players
Valhalla 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
11.62%
Cash-on-Cash
-3.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93