NewPoint Real Estate Capital Provides $247.3M Refinance Loan For Harlem Multifamily Portfolio By Fairstead
FINANCED
$247,345,000
New York
See Similar DealsMultiFamily1 SF
Financed 09/12/2022
FINANCED
NewPoint Real Estate Capital Provides $247.3M Refinance Loan For Harlem Multifamily Portfolio By Fairstead
30 West 141st Street, New York City, New York 10031, United States
See Similar DealsMultiFamily1 SF
Financed 09/12/2022
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$247,345,000
Total Square Footage:1 SF
Transaction Type:Loan
Located in Harlem, Manhattan, the multifamily property at 30 West 141st Street, 15 West 139th Street, and 2300 5th Avenue has recently undergone a refinancing transaction. With a total of 3,344 units and a sprawling 1,297,226 square feet, this property offers extensive residential space for its residents.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $247,345,000
- Loan Type: Refinance
- Lender: NewPoint Real Estate Capital - Dee Anna Aday
- Landlord: Fairstead - Jeffrey Goldberg
Leading the financial aspect of the transaction is NewPoint Real Estate Capital, represented by Dee Anna Aday. They provided a loan amount of $247,345,000 to support the refinancing process. On the other hand, Fairstead, headed by Jeffrey Goldberg, serves as the landlord for this multifamily property in Harlem.
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
$247,345,000.00
Monthly NOI$1,648,966.67
Monthly Debt Service$1,563,388.65
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions