HAB Bank Provides $1.2M Loan For Multifamily Property On Vyse Avenue In Bronx
FINANCED
$1,200,000
New York
See Similar DealsMultiFamily10,080 SF
Financed 08/12/2021
FINANCED
HAB Bank Provides $1.2M Loan For Multifamily Property On Vyse Avenue In Bronx
2070 Vyse Avenue, Bronx, NY, USA
See Similar DealsMultiFamily10,080 SF
Financed 08/12/2021
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$119
Total Square Footage:10,080 SF
Transaction Type:Loan
Located at 2070 Vyse Avenue in the Bronx, this multifamily property boasts a total square footage of 10,080. The property was recently involved in a loan transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Market: Bronx
The loan for this property was provided by HAB Bank. Daniel Kwakyeh from Skyfield Lending acted as the broker representative in this deal.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,200,000.00
Monthly NOI$8,000.00
Monthly Debt Service$7,584.82
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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