River View Towers, Inc Refinances Multifamily Property In Hamilton Heights For $12.3M
FINANCED
$12,300,000
New York
See Similar DealsMultiFamily
Financed 11/02/2022
FINANCED
River View Towers, Inc Refinances Multifamily Property In Hamilton Heights For $12.3M
626 Riverside Drive, New York City, New York 10031, United States
See Similar DealsMultiFamily
Financed 11/02/2022
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
The multifamily property located at 626 Riverside Dr in Hamilton Heights has undergone a refinancing transaction. The property consists of 385 units and is owned by River View Towers, Inc.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $12,300,000
- Address: 626 Riverside Dr
- Market: Hamilton Heights
- Units: 385
The refinance loan for this property was facilitated by CBRE brokers Mark Fisher and Alex Furnary.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$12,300,000.00
Monthly NOI$82,000.00
Monthly Debt Service$77,744.37
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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