facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Loan

/

250 West 102nd Street

Kensuke Ozaki Of ThirdWave Group Secures $6.8 Million Refinance From Sumitomo Mitsui In Upper West Side
FINANCEDMultiFamily

Kensuke Ozaki Of ThirdWave Group Secures $6.8 Million Refinance From Sumitomo Mitsui In Upper West Side

250 West 102nd Street & 248 West 102nd Street

$6,800,000

Units

10

Asset Type

MultiFamily

Closing

Sep 5, 2025

AI

The asset involved in this transaction consists of two 10-unit walkup buildings located at 248 and 250 West 102nd Street in the Upper West Side market. The transaction was a refinancing deal, with a loan amount of $6,800,000 secured for the properties.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,800,000
  • Lender: Sumitomo Mitsui Banking Corporation
  • Landlord: Kensuke Ozaki - ThirdWave Group
  • Loan Type: Refinance

The deal was executed by Kensuke Ozaki representing ThirdWave Group, who secured the refinancing from Sumitomo Mitsui Banking Corporation for the two multifamily buildings on the Upper West Side.

Players

Sumitomo Mitsui Banking Corporation
Sumitomo Mitsui Banking CorporationLender

New York 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

2.33%

Cash-on-Cash

-0.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93