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2077 Ryer Avenue

Moses Freund Of Vaja Group Secures $31.5M Refinance Loan From Amalgamated Bank For Multifamily Property
FINANCEDMultiFamily

Moses Freund Of Vaja Group Secures $31.5M Refinance Loan From Amalgamated Bank For Multifamily Property

2077 Ryer Avenue

$31,500,000

$397/SF

Building Size

79,287 SF

Asset Type

MultiFamily

Closing

Sep 30, 2025

AI

The asset involved in this transaction is a multifamily residential building located at 2077 Ryer Avenue in the Fordham Heights neighborhood of Bronx. It features a total square footage of 79,287 and comprises 93 units, with a refinancing loan amount of $31,500,000 secured through Amalgamated Bank.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $31,500,000
  • Address: 2077 Ryer Avenue
  • Market: Fordham Heights, Bronx
  • Lender: Amalgamated Bank
  • Landlord: Moses Freund - Vaja Group
  • Loan Type: Refinance
  • Units: 93
  • Square Footage: 79,287

Vaja Group’s Anthony Partners LLC was involved in the refinancing process with Amalgamated Bank, representing the landlord Moses Freund in this transaction concerning the residential building at 2077 Ryer Avenue.

Players

Amalgamated Bank
Amalgamated BankLender

Moses Freund

Vaja Group

Landlord

$216.1M

vol

10 deals

Landlord

Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.50%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93