Updated Nov 5, 2023
Janusz Sendowski Secures $28.7M Refinance Loan From Deutsche Bank For Multifamily & School Buildings
39 Carmine Street
$28,700,000
$470/SF
Building Size
60,989 SF
Asset Type
MultiFamily
Closing
Aug 8, 2023
About this deal
AI
Janusz Sendowski has secured a $28.7 million refinancing loan from Deutsche Bank Trust Company Americas for two properties in Greenwich Village, Manhattan, and Mott Haven, Bronx. The properties include a 20-unit residential walkup building located at 39 Carmine Street in Greenwich Village, Manhattan, and a charter school building at 423 East 138th Street in Mott Haven, Bronx. The total square footage of these properties is 60,989 square feet.
Summary of transaction details
- Property Type: Multifamily & School
- Transaction Amount: $28,700,000
- Address: 39 Carmine Street & 423 East 138th Street
- Market: Greenwich Village, Manhattan & Mott Haven, Bronx
- Lender: Deutsche Bank - Timothy Donahoe & John Skorupski
- Landlord: Janusz Sendowski
The loan secured by Janusz Sendowski for these properties was a refinance loan. The lender, Deutsche Bank, was represented by Timothy Donahoe and John Skorupski. This transaction provides financial stability for the properties and allows Janusz Sendowski to handle any necessary expenses or future projects.
Players
Carmine MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Browse New York multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.55%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93