Updated Feb 16, 2024
Capital One Provides $93.65M Refinance Loan For Multifamily Property In Hell's Kitchen, NYC
737 10th Avenue, Manhattan, New York, NY, USA
$67,000,000
$141/SF
Building Size
473,324 SF
Asset Type
MultiFamily
Closing
Jun 10, 2021
About this deal
AI
The multifamily property located at 535 West 51st Street in Hell’s Kitchen has undergone a refinancing loan transaction. The property spans a vast area of 251,512 square feet and consists of 235 units. Joseph Kazarnovsky is the landlord of this property.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $93,650,000
- Loan Type: Refinance
Capital One served as the lender for this refinancing loan. The loan was executed on 12/27/2022.
Please note that no additional information is available regarding this transaction.
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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93