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551 West 149th Street

Updated Sep 9, 2025

Benjamin Schwartz And Brian Dulitz Secure $3.168M Refinance For Hamilton Heights Multifamily Property
FINANCEDMultiFamily

Benjamin Schwartz And Brian Dulitz Secure $3.168M Refinance For Hamilton Heights Multifamily Property

551 West 149th Street

$3,168,000

$163/SF

Building Size

19,426 SF

Asset Type

MultiFamily

Closing

Aug 28, 2025

About this deal

AI

The multifamily property located at 551 West 149th Street in Hamilton Heights has a total square footage of 19,426 and comprises 21 units. The loan amount secured for refinancing is $3,168,000, provided by JP Morgan Chase.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,168,000
  • Address: 551 West 149th Street
  • Market: Hamilton Heights
  • Lender: JP Morgan Chase
  • Landlord: Benjamin Schwartz & Brian Dulitz
  • Brokerage: Filler Capital
  • Brokers: Yossi Koschitzki, Michael Neumann & Isaac Filler
  • Asset Size: 19,426 SF
  • Units: 21

Filler Capital LLC facilitated the refinancing on behalf of Benjamin Schwartz and Brian Dulitz. The team provided creative structuring and leveraged strong lending relationships, while coordinating closely with NYC HPD to manage necessary subordinations for the affordable housing component. The Filler Capital team included Isaac Filler, Yossi Koschitzki, Steve Edelstein, Moe Rosenblum, Shaya Hirtz, and Jordan Gellman.

On the Map

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$3,168,000

$163/SF

MultiFamily

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Players

Isaac Filler

Filler Capital

Broker

$1.7B

vol

81 deals

Broker
Filler Capital
Filler CapitalBrokerage

Benjamin Schwartz

Landlord

$226.7M

vol

3 deals

Landlord
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New York MultiFamily Market Snapshot

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Deal FAQ

About $163 per square foot on a published $3.2M for 19,426 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.01%

Cash-on-Cash

-1.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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