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302 East 104th Street

Updated May 21, 2025

FINANCEDMultiFamily

Dr. Charles G.V. Coutinho Secures $24.91M Refinance Loan For Multifamily Portfolio In Mount Vernon & NYC

302 East 104th Street, 160 East 4th Street, 257 Valentine Lane & 261 Franklin Avenue

$24,519,000

$6,129,750/SF

Building Size

1 SF

Asset Type

MultiFamily

Closing

May 19, 2025

About this deal

AI

A multifamily portfolio consisting of 281 units was financed through a loan arrangement secured by properties located at 302 East 104th Street, 160 East 4th Street, 257 Valentine Lane, and 261 Franklin Avenue across Mount Vernon and New York City. The total loan amount was $24,915,000, with an average interest rate of 5.85% and a full term interest-only structure.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $24,915,000
Lender: JP Morgan Chase
Landlord: Dr. Charles G.V. Coutinho - Coutinho Properties
Brokers: Isaac Filler, Yossi Koschitzki & Michael Neumann - Filler Capital
Market: Mount Vernon & New York City
Loan Type: Refinance

The financing was arranged by Filler Capital on behalf of a repeat client, highlighting their commitment to establishing long-term relationships and ensuring reliable execution within commercial real estate transactions.