Esquire Provides $2M Loan For Multifamily Property In The Bronx
FINANCED
$2,000,000
New York
See Similar DealsMultiFamily9,318 SF
Financed 07/10/2019
FINANCED
Esquire Provides $2M Loan For Multifamily Property In The Bronx
386 E 195th St, The Bronx, NY 10458, USA
See Similar DealsMultiFamily9,318 SF
Financed 07/10/2019
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$214
Total Square Footage:9,318 SF
Transaction Type:Loan
The multifamily property located at 386 E 195th St in Bronx has recently undergone a closed transaction. The property spans a total of 9,318 square feet and was involved in a deal brokered by ERG Commercial Real Estate. The lender for this transaction was Esquire, and the landlord of the property is Robert Morales.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Address: 386 E 195th St, Bronx
- Market: Bronx
- BROKER: ERG Commercial Real Estate
- BROKER: Jared Friedman & Matthew Murphy
- LOAN AMOUNT: $2,000,000
- SF: 9,318
- Lender: Esquire
- Landlord: Robert Morales
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,000,000.00
Monthly NOI$13,333.33
Monthly Debt Service$12,641.36
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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