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24-30 West 125th Street

JBA Equities Secures $15.5M Permanent Financing For MultiFamily Asset On West 125th Street
FINANCEDMultiFamily

JBA Equities Secures $15.5M Permanent Financing For MultiFamily Asset On West 125th Street

24-30 West 125th Street

$15,500,000

$449/SF

Building Size

34,474 SF

Asset Type

MultiFamily

Closing

Dec 16, 2022

AI

The property at 24-30 West 125th Street in New York City has undergone a closed transaction. The multi-family asset spans a total of 34,474 square feet. The deal was facilitated by brokers Eli Terry and Jonathan Aghravi of JBA Equities.

Summary of transaction details

  • Property Type: Multi-Family
  • Transaction Amount: $15,500,000
  • Loan Type: Permanent Financing

The transaction involved a loan amount of $15,500,000, which was secured through permanent financing. This loan will provide the necessary financial support for the property purchase.

Players

Jonathan Aghravi

JBA Equities

Broker

$1.6B

vol

49 deals

Broker

Market 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

1.02%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93