Robert Perl Secures $9.7 Million Refinancing From J.P. Morgan Chase For Manhattan Multifamily Portfolio
215 East 10th Street, 217 East 10th Street & 213 East 10th Street
$9,700,000
$108/SF
Building Size
89,844 SF
Asset Type
MultiFamily
Closing
Apr 22, 2026
AI
A refinancing loan was secured for a multifamily asset comprising three buildings located at 215 East 10th Street, 217 East 10th Street, and 213 East 10th Street in the East Village market of Manhattan. The total square footage of the property is 29,948, and it consists of 64 walkup units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,700,000
- Lender: J.P. Morgan Chase
- Landlord: Robert Perl
- Loan Type: Refinance
Robert Perl, through Rental Apartments E. 10th St. LLC, engaged J.P. Morgan Chase to facilitate the refinancing. This move involves a substantial portfolio in a sought-after Manhattan neighborhood, highlighting the activity within the local real estate finance market.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93