The Cappelli Organization Refinances Multifamily Property In New Rochelle For $34.2M With Berkshire Bank | 50 LeCount PLace | Berkshire Bank | Mark Niman | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

87,000 sqft

The property involved in this closed transaction is a multifamily building located at 50 LeCount Place in New Rochelle. The property spans approximately 87,000 square feet and consists of 111 units.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $34,200,000
Address: 50 LeCount Place, New Rochelle
Market: New Rochelle
Asset Type: Multifamily
Square Footage: 87,000
Units: 111

Berkshire Bank provided a refinancing loan in the amount of $34,200,000 for this transaction. The Cappelli Organization acted as the landlord. The deal was facilitated by Mark Niman from BayBridge Real Estate Capital.

Players

All
3

Agents
1
Agencies
1
Lenders
1

Mark Niman

Executive Managing Director

BayBridge Real Estate Capital

Berkshire Bank

Details

Deal Summary

FINANCED

IMAGE: Mark Niman DATE: 03/03/2022 ADDRESS: 50 LeCount PLace MARKET: New Rochelle ASSET TYPE: Multifamily ~ SF: 87,000 ~ UNITS: 111 LENDER: Berkshire Bank LANDLORD: The Cappelli Organization BROKER: Mark Niman - BayBridge Real Estate Capital LOAN AMOUNT: $34,200,000 LOAN TYPE: Refinance

View on map

Address50 LeCount PLace

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want