facebook
Traded Co logo
Submit

Michael Squires Refinances Multifamily Property In Mott Haven, Bronx For $141.5M

Property Image
FINANCED
$141,500,000
Michael Wittow
Leah Paskus
JS

New York

See Similar Deals
MultiFamily304,362 SF
Financed 12/27/2023
the dealplayerscompscontact
Property Image
FINANCED

Michael Squires Refinances Multifamily Property In Mott Haven, Bronx For $141.5M

40 Bruckner Boulevard

See Similar Deals
MultiFamily304,362 SF
Financed 12/27/2023
Michael Wittow
Leah Paskus
JS
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$464
Total Square Footage:304,362 SF
Transaction Type:Loan

The multifamily property located at 40 Bruckner Boulevard in Mott Haven, Bronx has been involved in a refinance transaction. The property has a total square footage of 304,362 and consists of 365 units. The loan amount for this transaction is $141,500,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $141,500,000
  • Address: 40 Bruckner Boulevard
  • Market: Mott Haven, Bronx
  • Square Footage: 304,362
  • Number of Units: 365

Michael Squires is the lender involved in this refinance transaction. The landlord for the property is Jacob Schwimmer. The broker representatives in the deal are Michael Wittow from Wittow Group and Leah Paskus from Landstone Capital Group.

Players

Leah Paskus
Landstone Capital Group
Leah Paskus
35 deals$3.6B volume
BROKER
Michael Wittow
Michael Wittow
5 deals$197.3M volume
BROKER
MF1 Capital
MF1 Capital
LENDER
JS
Jacob Schwimmer
11 deals$600.6M volume
LANDLORD
JS
Jacob Schwimmer
11 deals$600.6M volume
LANDLORD

Details

FINANCED
IMAGE: Michael Squires & Michael Wittow DATE: 12/27/2023 ADDRESS: 40 Bruckner Boulevard MARKET: Mott Haven, Bronx ASSET TYPE: Multifamily ~ SF: 304,362 ~ UNITS: 365 LENDER: Michael Squires LANDLORD: Jacob Schwimmer BROKER: Michael Wittow - Wittow Group & Leah Paskus - Landstone Capital Group - (@LandStoneCapital) - LOAN AMOUNT: $141,500,000 LOAN TYPE: Refinance

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$141,500,000.00

Monthly NOI$943,333.33
Monthly Debt Service$894,376.25
Change in Cash Flow$0.00
Refinance Proceeds$0.00