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322-326 Columbus Avenue

Quinlan Development Group Secures $10.3M Refinance Loan From JLL For Upper West Side Multifamily
FINANCEDMultiFamily

Quinlan Development Group Secures $10.3M Refinance Loan From JLL For Upper West Side Multifamily

322-326 Columbus Avenue

$10,300,000

$284/SF

Building Size

36,258 SF

Asset Type

MultiFamily

Closing

Feb 19, 2026

AI

The asset involved in this transaction is a multifamily residential building located at 322-326 Columbus Avenue in the Upper West Side of Manhattan. This property comprises 36,258 square feet and includes 61 rental units. The refinancing loan secured for this asset amounts to $10,300,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $10,300,000
  • Address: 322-326 Columbus Avenue
  • Market: Upper West Side
  • Asset Size: 36,258 square feet
  • Units: 61
  • Lender: JLL
  • Landlord: Robert Quinlan & Timothy Quinlan - Quinlan Development Group
  • Loan Type: Refinance

Quinlan Development Group, represented by 326 Columbus LLC, completed the refinancing deal with JLL Real Estate Capital LLC. The involvement of both Robert Quinlan and Timothy Quinlan highlights the key players in this financial transaction concerning the property at 322-326 Columbus Avenue.

Players

Timothy Quinlan

Broker

$34.3M

vol

4 deals

Broker
JLL
JLLLender

Timothy Quinlan

Quinlan Development Group

Landlord

$34.3M

vol

4 deals

Landlord

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.54%

Cash-on-Cash

-0.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93