facebook
Traded Co logo
Submit

JP Morgan Chase Provides $5.9M Refinance Loan For Multifamily Property In Bronx

Property Image
FINANCED
$5,900,000

New York

See Similar Deals
MultiFamily63,600 SF
Financed
the dealplayerscompscontact
Property Image
FINANCED

JP Morgan Chase Provides $5.9M Refinance Loan For Multifamily Property In Bronx

4568 Manhattan College Parkway

See Similar Deals
MultiFamily63,600 SF
Financed
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$92
Total Square Footage:63600 SF
Transaction Type:Loan

The property asset involved in the transaction is a multifamily building located at 4568 Manhattan College Parkway in the Bronx. It has a total square footage of 63,600 and consists of 61 residential units. The loan amount secured for this asset is $5,900,000, classified as a refinance loan issued by JP Morgan Chase.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,900,000
  • Address: 4568 Manhattan College Parkway
  • Market: Bronx
  • Lender: JP Morgan Chase
  • Broker: Chesky Klein & Ezra Sutton - Meridian Capital Group
  • Units: 61
  • Square Footage: 63,600
  • Loan Type: Refinance

This transaction involves brokers Chesky Klein and Ezra Sutton representing the financing deal as part of their role at Meridian Capital Group. They facilitated the refinancing process with JP Morgan Chase for the multifamily asset located in the Bronx, ensuring that all requirements and details were managed effectively for the transaction.

Players

Daniel Neiss
27 deals$635.8M volume
BROKER

Ezra Sutton
Meridian Capital Group
22 deals$537.4M volume
BROKER

Chesky Klein
Meridian Capital Group
5 deals$101.4M volume(212) 612-0233
BROKER

Details

FINANCED
IMAGE: Chesky Klein & Ezra Sutton DATE: 10/31/2024 ADDRESS: 4568 Manhattan College Parkway MARKET: Bronx ASSET TYPE: Multifamily ~ SF: 63,600 ~ UNITS: 61 LENDER: JP Morgan Chase (@JPMorgan) BROKER: Chesky Klein & Ezra Sutton - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $5,900,000 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

$5,900,000.00

Monthly NOI$39,333.33
Monthly Debt Service$37,292.01
Change in Cash Flow$0.00
Refinance Proceeds$0.00