Updated Jun 9, 2026
Carter Sackman Of Sackman Enterprises Secures $10.69M Refinance Loan For Manhattan Multifamily Properties
203 West 84th Street, 730 10th Avenue & 732 10th Avenue
$10,690,000
$142/SF
Building Size
25,091 SF
Asset Type
MultiFamily
Closing
Apr 30, 2026
About this deal
AI
The transaction involves a multifamily asset comprising four walkup buildings located at 203 West 84th Street, 730 10th Avenue, and 732 10th Avenue in Manhattan. The total square footage is 25,091, with 35 residential units. The refinancing deal was closed for a loan amount of $10,690,000.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $10,690,000
- Asset Square Footage: 25,091
- Total Units: 35
- Market: Manhattan
- Lender: J.P. Morgan Chase
- Landlord: Carter Sackman - Sackman Enterprises
- Loan Type: Refinance
Sackman Enterprises executed the refinance through Marsac Realty LLC, facilitating the closure of this deal with JPMorgan Chase, which encompasses properties situated across the Upper West Side and Hell’s Kitchen neighborhoods.
On the Map
$10,690,000
$142/SF
MultiFamily
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New York MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.48%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93