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177 East 75th Street New Yo...

Updated Feb 16, 2024

Theodate Coates Secures $19.9M Refinance Loan For 101-Unit Building In Lenox Hill, Manhattan
FINANCEDMultiFamily

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.

Players

Bank of Montreal (BOM)
Bank of Montreal (BOM)Lender

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $106 per square foot on a published $19.9M for 186,802 square feet (2023).

Browse New York multifamily loans on Traded.

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

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