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227 Lexington Avenue

Lions Group NYC Secures $17.43M Refinance Loan From Freddie Mac For Kips Bay Multifamily
FINANCEDMultiFamily

Lions Group NYC Secures $17.43M Refinance Loan From Freddie Mac For Kips Bay Multifamily

227 Lexington Avenue

$17,435,000

$498/SF

Building Size

35,000 SF

Asset Type

MultiFamily

Closing

Aug 12, 2025

AI

The asset involved in this transaction is a multifamily property located at 227 Lexington Avenue, Kips Bay, Manhattan. This property spans a total of 35,000 square feet and has secured a loan amount of $17,435,000 through a refinance arrangement.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $17,435,000
  • Lender: Freddie Mac
  • Landlord: Lions Group NYC
  • Broker: Bryan Grover - Greystone
  • Date of Transaction: 8/13/2025

This transaction involves key individuals such as Bryan Grover, who acted as the broker representing the landlord, Lions Group NYC. The financial structuring was facilitated through Freddie Mac, highlighting the involvement of significant entities in the financing process.

Players

Bryan Grover

Greystone

Broker

$6.2B

vol

36 deals

Broker
Greystone
GreystoneBrokerage
Freddie Mac
Freddie MacLender

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

0.91%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93