facebook
Traded Co logo
Submit

Metro Loft Acquires Multifamily Property At 180 Water Street In Seaport For $100M

Property Image
FINANCED
$365,000,000
Max Herzog
Marko Kazanjian
Nathan Berman

New York

See Similar Deals
MultiFamily23,555 SF
Financed 11/30/2020
the dealplayerscompscontact
Property Image
FINANCED

Metro Loft Acquires Multifamily Property At 180 Water Street In Seaport For $100M

180 Water St, New York, NY 10038, USA

See Similar Deals
MultiFamily23,555 SF
Financed 11/30/2020
Max Herzog
Marko Kazanjian
Nathan Berman
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$15,495
Total Square Footage:23,555 SF
Transaction Type:Loan

The multifamily property located at 180 Water Street in the Seaport market has been involved in a closed transaction. The deal was facilitated by Rockwood Capital, who provided a loan amount of $100,000,000. The landlord of the property is Metro Loft, represented by Nathan Berman.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $100,000,000
  • Address: 180 Water Street
  • Market: Seaport

Walter P. Schmidt and Nathan Berman played key roles in this deal. Walter P. Schmidt and Nathan Berman, representing their respective agencies, were involved in the transaction as representatives of the buyer, seller, landlord, or tenant.

Players

Marko Kazanjian
Institutional Property Advisors
Marko Kazanjian
71 deals$5.4B volume
BROKER
Max Herzog
Institutional Property Advisors
Max Herzog
80 deals$5.4B volume(212) 430-5165
BROKER
JLL
JLL
BROKERAGE
Deutsche Bank
Deutsche Bank
LENDER
Nathan Berman
Nathan Berman
18 deals$4.5B volume
LANDLORD

Details

FINANCED
IMAGE: Walter P. Schmidt & Nathan Berman DATE: 11/15/2019 ADDRESS: 180 Water Street MARKET: Seaport ASSET TYPE: Multifamily LENDER: Rockwood Capital LANDLORD: Metro Loft – Nathan Berman LOAN AMOUNT: $100,000,000

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$365,000,000.00

Monthly NOI$2,433,333.33
Monthly Debt Service$2,307,048.29
Change in Cash Flow$0.00
Refinance Proceeds$0.00