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Freddie Mac Provides $30 Million Loan For Multifamily Asset At 360 West 34th Street
FINANCED
$30,000,000
New York
See Similar DealsMultiFamily
Financed 10/22/2025
FINANCED
Freddie Mac Provides $30 Million Loan For Multifamily Asset At 360 West 34th Street
360 West 34th Street
See Similar DealsMultiFamily
Financed 10/22/2025
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
The property involved in this transaction is a multifamily asset located at 360 West 34th Street, New York, NY 10001. It comprises 266 units and is situated in the Hudson Yards neighborhood of Manhattan. The transaction includes a loan amount of $30,000,000, facilitated by Freddie Mac as the lender.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $30,000,000
- Lender: Freddie Mac
- Broker: Robert Meehan - Greystone
- Address: 360 West 34th Street, New York, NY 10001
- Market: Hudson Yards, Manhattan
- Units: 266
Robert Meehan from Greystone represents the lending side of this transaction, facilitating the loan agreement. This deal highlights the collaboration between lenders and brokers in the Hudson Yards market, showcasing the involvement of established companies and individuals in multifamily real estate financing.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$30,000,000.00
Monthly NOI$200,000.00
Monthly Debt Service$189,620.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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