Updated Dec 4, 2024
Filler Capital Refinances Multifamily Properties In Manhattan Valley & Yorkville For $17.25M
5 West 101st Street & 305 East 95th Street
$17,250,000
$185/SF
Building Size
46,609 SF
Asset Type
MultiFamily
Closing
Jan 12, 2024
About this deal
AI
5 West 101st Street & 305 East 95th Street, located in Manhattan Valley and Yorkville respectively, have recently undergone a refinancing transaction. The multifamily property spans an impressive 46,609 square feet and comprises a total of 79 units.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: $17,250,000
- Landlord: Dr. Charles G.V. Coutinho - Coutinho Properties
- Brokers: Isaac Filler, Yossi Koschitzki & Michael Neumann - Filler Capital
Filling the role as the landlord for this transaction is Dr. Charles G.V. Coutinho of Coutinho Properties. Representing all parties involved are brokers Isaac Filler, Yossi Koschitzki, and Michael Neumann, all from Filler Capital.
For more information on bespoke debt solutions, interested parties can reach out to Isaac at [email protected], Yossi at [email protected], and Michael at [email protected].
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93