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Ogden CAP Properties Refinances Yorkville Multifamily Property For $30M

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FINANCED
$30,000,000

New York

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MultiFamily329,850 SF
Financed 10/19/2022
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FINANCED

Ogden CAP Properties Refinances Yorkville Multifamily Property For $30M

205 East 95th Street, New York City, New York 10128, United States

See Similar Deals
MultiFamily329,850 SF
Financed 10/19/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$91
Total Square Footage:329,850 SF
Transaction Type:Loan

The multifamily property located at 205 East 95th Street in Yorkville, Manhattan, has recently undergone a refinancing loan transaction. The property, owned by Ogden CAP Properties and represented by Abigail Black Elbaum, consists of 383 units and spans across 329,850 square feet.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $30,000,000
  • Loan Type: Refinance
  • Lender: JPMorgan Chase - Diane M. Chavez
  • Landlord: Ogden CAP Properties - Abigail Black Elbaum

The loan for the property was provided by JPMorgan Chase, with Diane M. Chavez serving as the representative. The refinance loan amount is $30,000,000.

Players

LENDER

Details

FINANCED
IMAGE: Abigail Black Elbaum DATE: 10/19/2022 ADDRESS: 205 East 95th Street MARKET: Yorkville, Manhattan ASSET TYPE: Multifamily ~ UNITS: 383 ~ SF: 329,850 LENDER: JPMorgan Chase (@JPMorgan) - Diane M. Chavez LANDLORD: Ogden CAP Properties (@OgdenCapNYC) - Abigail Black Elbaum LOAN AMOUNT: $30,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$30,000,000.00

Monthly NOI$200,000.00
Monthly Debt Service$189,620.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00