Dr. Charles G.V. Coutinho Secures $5,650,000 Refinance Loan For 26-Unit Multifamily In South Harlem
230 West 113th Street
$5,650,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 23, 2026
AI
A 26-unit multifamily property located at 230 West 113th Street, South Harlem was involved in a refinancing transaction. The loan amount secured for this property was $5,650,000. Chase Bank served as the lender for this transaction.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $5,650,000
- Address: 230 West 113th Street
- Market: South Harlem
- Lender: Chase Bank
- Landlord: Dr. Charles G.V. Coutinho - Coutinho Properties
- Brokers: Isaac Filler, Yossi Koschitzki & Michael Neumann - Filler Capital
- Loan Type: Refinance
The loan was successfully arranged by Filler Capital, representing a repeat client. The execution highlights Filler Capital's ongoing commitment to building long-term relationships within the commercial real estate sector. This financing marked a strategic move to secure favorable long-term conditions in a competitive 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
2.81%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93