Charles Nicholas Acquires Multifamily Property On Upper West Side With $5.85M Loan From TD Bank

The multifamily property located at 205 West 107th Street on the Upper West Side has been involved in a closed transaction. The property consists of 10 residential units and spans a total of 14,255 square feet. The transaction took place on 5th July 2020.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,850,000
• Lender: TD Bank
• Borrower: Charles Nicholas
• Brokers: David Oheb, Sarah Kuebler, Matt Barnett – @Meridian.Capital.Group
• Loan Terms: 2.88% Fixed for 5 Years

The deal was facilitated by brokers David Oheb, Sarah Kuebler, and Matt Barnett from the Meridian Capital Group. They represented the buyer, Charles Nicholas, in securing a loan from TD Bank. The loan amount for the transaction was $5,850,000, with a fixed interest rate of 2.88% for a period of 5 years.