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Kensuke Ozaki Of ThirdWave Group Secures $6.8 Million Refinance From Sumitomo Mitsui In Upper West Side
FINANCED
$6,800,000
New York
See Similar DealsMultiFamily
Financed 09/05/2025
FINANCED
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
See Similar DealsMultiFamily
Financed 09/05/2025
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,800,000.00
Monthly NOI$45,333.33
Monthly Debt Service$42,980.63
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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