Simon Rosenfeld Of Meridian Capital Group Secures $2.4M Loan For Multifamily Building In Murray Hill
160 East 36th Street
$2,400,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 16, 2025
AI
The property asset involved is a multifamily building located at 160 East 36th Street in the Murray Hill market. The loan amount secured for this property is $2,400,000, specifically structured as a vacant building loan with future funding provisions.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Loan Type: Vacant building loan with future funding
- Broker: Simon Rosenfeld - Meridian Capital Group
- Transaction Date: 11/17/2025
Simon Rosenfeld from Meridian Capital Group serves as the broker in this transaction, representing the parties involved in securing the financing for the property asset detailed above.
New York 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93