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507 East 81st Street

Henry Moses, JR. Secures $12.85M Refinance Loan From JP Morgan Chase For Multifamily Asset
FINANCEDMultiFamily

Henry Moses, JR. Secures $12.85M Refinance Loan From JP Morgan Chase For Multifamily Asset

507 East 81st Street & 20 Commerce Street

$12,850,000

Building Size

Asset Type

MultiFamily

Closing

Dec 2, 2025

AI

The asset involved in this transaction is a multifamily property located at 507 East 81st Street & 20 Commerce Street in the Manhattan market. The loan amount for this property is $12,850,000, and it is classified as a refinance loan.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $12,850,000
  • Lender: JP Morgan Chase
  • Landlord: Henry Moses, JR.
  • Broker: Ezra Sutton - Meridian Capital Group
  • Loan Type: Refinance

The key individuals involved in this transaction include Henry Moses, JR., the landlord, and Ezra Sutton representing Meridian Capital Group as the broker in this deal, facilitating the loan arrangement with JP Morgan Chase.

Players

Ezra Sutton

Meridian Capital Group

Broker

$570.5M

vol

28 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

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

1.23%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93