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33 West 9th Street, New Yor...

Evan Bell Of Unity Capital Provides $6M Refinance Loan For Greenwich Village Multifamily Property
FINANCEDMultiFamily

Evan Bell Of Unity Capital Provides $6M Refinance Loan For Greenwich Village Multifamily Property

33 West 9th Street, New York City, New York 10011, United States

$6,000,000

$1,551/SF

Building Size

3,868 SF

Asset Type

MultiFamily

Closing

Feb 19, 2022

AI

The multifamily property located at 33 W. 9th St. in Greenwich Village, Manhattan has recently undergone a loan refinancing transaction. The property spans approximately 3,868 square feet and falls into the multifamily asset type category.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,000,000
  • Loan Type: Refinance
  • Market: Greenwich Village, Manhattan

Evan Bell, representing Unity Capital, served as the lender for the refinancing loan. The landlord for the property is Arthur Lambert. The brokers involved in the transaction were Jonathan Aghravi, Tim Cox, and Eli Terry, all from JBA Equities.

Players

Jonathan Aghravi

JBA Equities

Broker

$1.6B

vol

49 deals

Broker
Unity Capital
Unity CapitalLender

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

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93