Nadav Hamo Refinances 20,000 SF Multifamily Property In New York City For $9.65M
FINANCED
$9,650,000
New York
See Similar DealsMultiFamily20,000 SF
Financed 04/28/2023
FINANCED
Nadav Hamo Refinances 20,000 SF Multifamily Property In New York City For $9.65M
1671 Summerfield Street
See Similar DealsMultiFamily20,000 SF
Financed 04/28/2023
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$482
Total Square Footage:20,000 SF
Transaction Type:Loan
The multifamily property located at 1671 Summerfield Street in New York City has undergone a loan refinancing transaction. The property spans approximately 20,000 square feet and comprises 28 residential units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $9,650,000
- Lender: BFCU
- Landlord: Nadav Hamo
- Broker: Avi Eyal - FM Capital
- Loan Type: Refinance
The loan refinancing was facilitated by BFCU, providing $9,650,000 in financing. Nadav Hamo serves as the landlord for the property, and the transaction was brokered by Avi Eyal from FM Capital.
For more information and to discuss your next or any financing needs, please contact Avi Eyal at [email protected].
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$9,650,000.00
Monthly NOI$64,333.33
Monthly Debt Service$60,994.56
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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