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

/

1594 York Avenue

Ezra Sutton Of Meridian Capital Group Represents Dime Community Bank In $3.3M MultiFamily Loan
FINANCEDMultiFamily

Ezra Sutton Of Meridian Capital Group Represents Dime Community Bank In $3.3M MultiFamily Loan

1594 York Avenue

$3,300,000

Building Size

Asset Type

MultiFamily

Closing

Jun 15, 2026

AI

The property asset involved in this transaction is a MultiFamily building located at 1594 York Avenue in the Upper East Side market. The loan amount secured for the acquisition is $3,300,000, facilitating the investment in this type of asset.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $3,300,000
  • Lender: Dime Community Bank
  • Broker: Ezra Sutton - Meridian Capital Group
  • Loan Type: Acquisition
  • Date: 6/16/2026

The key individuals involved in this deal include broker Ezra Sutton, representing Meridian Capital Group, who played a crucial role in facilitating the acquisition transaction by working with the lender, Dime Community Bank.

Players

Ezra Sutton

Meridian Capital Group

Broker

$570.5M

vol

28 deals

Broker
Dime Community Bank
Dime Community BankLender

Market 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

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93