Updated Sep 26, 2024
Lev Capital Facilitates $10M Acquisition Loan For Multifamily Property In Washington Heights, Manhattan
617 West 170th Street, New York City, New York 10032, United States
$10,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 13, 2022
About this deal
AI
The multifamily property located at 617-629 West 170th Street in Washington Heights, Manhattan has been involved in a closed transaction. The transaction took place on 02/14/2022.
Summary of transaction details
- Property Type: Multifamily
- Loan Amount: $10,000,000
- Loan Type: Acquisition Loan
The transaction was facilitated by the brokers Yaakov Zar, Richard Sutton, Akiva Gottlieb, and Ross Reiffman from Lev Capital.
Please note that no additional information is available at this time.
The multifamily loan at 617 West 170th Street, New York City, New York 10032, United States in New York, New York financed for $10M in 2022. 617 West 170th Street, New York City, New York 10032, United States is classified as Multifamily on Traded. Akiva Gottlieb, Yaakov Zar, Ross Reiffman, Lev appear on the loan alongside Lev, Parallel CRE. This page is the New York, New York file for the 617 West 170th Street, New York City, New York 10032, United States multifamily financed: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else financed near 617 West 170th Street, New York City, New York 10032, United States around 2022. Published consideration for 617 West 170th Street, New York City, New York 10032, United States is $10M, dated 2022. Cite this Lev Capital Facilitates $10M Acquisition Loan For Multifamily Property In Washington Heights, Manhattan loan when underwriting similar multifamily product around New York, New York.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Browse New York multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93