Matthew Barbaccia Of Brix Real Estate Advisors Arranges $1.365M Refinance For Valhalla Multifamily
FINANCED
$1,365,000
New York
See Similar DealsMultiFamily320,600 SF
Financed 05/13/2024
FINANCED
Matthew Barbaccia Of Brix Real Estate Advisors Arranges $1.365M Refinance For Valhalla Multifamily
135 South Kensico Avenue & 145 South Kensico Avenue
See Similar DealsMultiFamily320,600 SF
Financed 05/13/2024
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$4
Total Square Footage:320,600 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,365,000.00
Monthly NOI$9,100.00
Monthly Debt Service$8,627.73
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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