Bayport Funding Provides $2.1M Loan For Multifamily Property On Yonkers Ave
FINANCED
$2,100,000
New York
See Similar DealsMultiFamily17,000 SF
Financed 04/20/2021
FINANCED
Bayport Funding Provides $2.1M Loan For Multifamily Property On Yonkers Ave
52 Yonkers Avenue, Yonkers, NY 10701, USA
See Similar DealsMultiFamily17,000 SF
Financed 04/20/2021
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$123
Total Square Footage:17,000 SF
Transaction Type:Loan
Located at 52 Yonkers Ave in Yonkers, this multifamily property was involved in a recent closed transaction. The property features a loan amount of $2,100,000.
Summary of Transaction Details:
- Asset Type: Multifamily
- Address: 52 Yonkers Ave
- Market: Yonkers
The loan for this transaction was provided by Bayport Funding, represented by Sharon Nachman and Marcia Kaufman of Bayport Funding. For more information on getting your next deal funded by Bayport Funding, call (800) 551-4046.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,100,000.00
Monthly NOI$14,000.00
Monthly Debt Service$13,273.43
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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