Avi Eyal's FM Capital Refinances Multifamily Property In New York City
FINANCED
$5,450,000
New York
See Similar DealsMultiFamily10,000 SF
Financed 03/17/2023
FINANCED
Avi Eyal's FM Capital Refinances Multifamily Property In New York City
446 West 55th Street
See Similar DealsMultiFamily10,000 SF
Financed 03/17/2023
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$545
Total Square Footage:10,000 SF
Transaction Type:Loan
The multifamily property located at 446 West 55th Street in New York City has been involved in a recent loan transaction. The property spans approximately 10,000 square feet and consists of 20 units. This transaction took place on the date of March 17, 2023.
Summary of transaction details:
- Property Type: Multifamily
- Loan Amount: $5,450,000
- Loan Type: Refinance
The loan was provided by BFCU, a lending institution. The landlord, Nadv Hamo, was involved in this transaction. Avi Eyal from FM Capital represented the landlord as the broker for this deal. For more information and to discuss any financing needs, Avi Eyal can be contacted at [email protected].
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$5,450,000.00
Monthly NOI$36,333.33
Monthly Debt Service$34,447.71
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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