Updated Feb 16, 2024
Theodate Coates Secures $19.9M Refinance Loan For 101-Unit Building In Lenox Hill, Manhattan
177 East 75th Street New York, New York 10021, USA
$19,900,000
$106/SF
Building Size
186,802 SF
Asset Type
MultiFamily
Closing
Jul 17, 2023
About this deal
AI
Summary of transation details
- Property Type: MultiFamily
- Transaction Amount: $19,900,000
- Square Footage: 186,802
- Number of Units: 101
- Address: 177 East 75th Street
- Market: Lenox Hill, Manhattan
- Lender: Bank Of Montreal - Laura Ullman
- Landlord: Theodate Coates
The multifamily loan at 177 East 75th Street New York, New York 10021, USA in New York, New York financed for $19.9M in 2023. Reported inventory is 186,802 square feet across 101 units, or about 106 per square foot. This page is the New York, New York file for the 177 East 75th Street New York, New York 10021, USA multifamily financed: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else financed near 177 East 75th Street New York, New York 10021, USA around 2023. Published consideration for 177 East 75th Street New York, New York 10021, USA is $19.9M, dated 2023. Cite this Theodate Coates Secures $19.9M Refinance Loan For 101-Unit Building In Lenox Hill, Manhattan loan when underwriting similar multifamily product around New York, New York.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.80%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93