Axos Bank Provides $13.5M Loan For Multifamily Property In West Village
FINANCED
$20,000,000
New York
See Similar DealsMultiFamily658,570 SF
Financed 05/21/2019
FINANCED
Axos Bank Provides $13.5M Loan For Multifamily Property In West Village
The Victoria, 7 E 14th St, New York, NY 10003, USA
See Similar DealsMultiFamily658,570 SF
Financed 05/21/2019
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$30
Total Square Footage:658,570 SF
Transaction Type:Loan
The multifamily property located at 30 East 14th Street in the West Village of New York City has undergone a loan transaction. The property, owned by Witnick Real Estate Partners, Namdar Realty Group, and Gorjian Real Estate Group, secured a loan amount of $13,500,000 from Axos Bank. The property consists of 20 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $13,500,000
- Address: 30 East 14th Street, West Village
- Market: West Village
- Lender: Axos Bank
- Landlord: Witnick Real Estate Partners, Namdar Realty Group & Gorjian Real Estate Group
- Units: 20
The loan transaction was facilitated by Axos Bank, providing financial support to the property's owners, Witnick Real Estate Partners, Namdar Realty Group, and Gorjian Real Estate Group. This funding will contribute to the continued operation and development of the multifamily property located at 30 East 14th Street in the West Village.
Players
LENDER
LANDLORD
LANDLORD
LANDLORD
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$20,000,000.00
Monthly NOI$133,333.33
Monthly Debt Service$126,413.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions