Bank Leumi USA Provides $11.7M Loan For Multifamily Property On Rivington Street
FINANCED
$11,700,000
New York
See Similar DealsMultiFamily139,200 SF
Financed 07/31/2020
FINANCED
Bank Leumi USA Provides $11.7M Loan For Multifamily Property On Rivington Street
61 Rivington St, New York, NY 10002, USA
See Similar DealsMultiFamily139,200 SF
Financed 07/31/2020
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$84
Total Square Footage:139,200 SF
Transaction Type:Loan
The multifamily property located at 61 Rivington Street in Lower East Side has been involved in a recent loan transaction. The loan was provided by Bank Leumi USA to the landlord, David Maron. The loan amount for this transaction was $11,700,000. The property spans a total area of 13,920 square feet.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $11,700,000
- Address: 61 Rivington Street
- Market: Lower East Side
- Lender: Bank Leumi USA
- Landlord: David Maron
- Square Feet: 13,920
This loan transaction highlights the collaboration between Bank Leumi USA and David Maron. Bank Leumi USA acted as the lender in this deal, providing the necessary funds for the multifamily property at 61 Rivington Street. On the other hand, David Maron took on the role of the landlord in this transaction, overseeing the property in the Lower East Side.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$11,700,000.00
Monthly NOI$78,000.00
Monthly Debt Service$73,951.96
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions