Updated Jul 8, 2026
A&E Real Estate Provides $285.8M Loan For 455-Unit Multifamily On Upper West Side
160 Riverside Boulevard, New York City, New York 10069, United States
$285,800,000
$23,816/SF
Building Size
12,000 SF
Asset Type
MultiFamily
Closing
Aug 1, 2022
About this deal
AI
The multifamily property located at 160 Riverside Boulevard in the Upper West Side has been involved in a loan transaction. The property spans approximately 12,000 square feet and consists of 455 units. The loan amount for this transaction is $285,800,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $285,800,000
- Address: 160 Riverside Boulevard
- Market: Upper West Side
- Square Footage: 12,000
- Units: 455
A&E Real Estate has provided the loan for this transaction. The landlord for this property is Square Mile Capital, represented by David Greenburg.
Players
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
0.06%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93