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
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