Daily limit: 0/10
Canterbury 108, LLC Secures $18.5M Refinancing Loan For 48-Unit Multifamily Building In Upper West Side
FINANCED
$18,500,000
New York
See Similar DealsMultiFamily
Financed 05/08/2023
FINANCED
Canterbury 108, LLC Secures $18.5M Refinancing Loan For 48-Unit Multifamily Building In Upper West Side
204 W 108th St New York, NY 10025, USA
See Similar DealsMultiFamily
Financed 05/08/2023
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
Gili Haberberg's entity, Canterbury 108, LLC, secured an $18.5 million refinancing loan from Angel Oak Commercial Lending for the 48-unit residential elevator building (D1) at 204 West 108th Street in Upper West Side, Manhattan. The prior lender was Citizens Bank, which held debt with an original loan amount of $20 million.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $18,500,000
- Units: 48
- Lender: Angel Oak Commercial Lending - Dolly Laubach
- Landlord: Gili Haberberg
- Loan Type: Refinance
This transaction marks Angel Oak Commercial Lending's first instance as a lender in New York City.
Players
Details
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$18,500,000.00
Monthly NOI$123,333.33
Monthly Debt Service$116,932.58
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions