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Jay Gatsby Of Gatsby Enterprises Refinances 100-Unit Multifamily At 690 Fort Washington Avenue For $17.2M

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FINANCED
$17,200,000

New York

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MultiFamily90,446 SF
Financed
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Property Image
FINANCED

Jay Gatsby Of Gatsby Enterprises Refinances 100-Unit Multifamily At 690 Fort Washington Avenue For $17.2M

690 Fort Washington Avenue

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MultiFamily90,446 SF
Financed
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$190
Total Square Footage:90446 SF
Transaction Type:Loan

The asset involved in the transaction is a multifamily building located at 690 Fort Washington Avenue in the Washington Heights market of Manhattan. The property encompasses a total square footage of 90,446 and consists of 100 rental units.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $17,200,000
  • Lender: Amalgamated Bank
  • Landlord: Jay Gatsby - Gatsby Enterprises
  • Loan Type: Refinance
  • Previous Debt: $20,000,000 Capital One

Gatsby Enterprises’ Fort Washington Holding LLC undertook the refinancing of the property with a loan sourced from Amalgamated Bank, successfully replacing its existing Capital One debt in the process.

Players

Amalgamated Bank
Amalgamated Bank
LENDER
Gatsby Enterprises
Gatsby Enterprises
LANDLORD

Details

FINANCED
IMAGE: 02/26/2026 ADDRESS: 690 Fort Washington Avenue MARKET: Washington Heights, Manhattan ASSET TYPE: Multifamily ~ SF: 90,446 LENDER: Amalgamated Bank (@Amalgamated_Bank) LANDLORD: Jay Gatsby - Gatsby Enterprises LOAN AMOUNT: $17,200,000 LOAN TYPE: Refinance NOTE: Gatsby Enterprises’ Fort Washington Holding LLC refinanced its 100-unit Washington Heights building at 690 Ft. Washington Avenue with a $17.2M loan from Amalgamated Bank, replacing the prior $20M Capital One debt.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$17,200,000.00

Monthly NOI$114,666.67
Monthly Debt Service$108,715.70
Change in Cash Flow$0.00
Refinance Proceeds$0.00