Updated Oct 29, 2024
Kenilworth Holdings Refinances Multifamily Property At 7-15 Highland Avenue On Staten Island With $5.09M Loan From David Tevis Of Arbor Realty Trust
7-15 Highland Avenue, Staten Island, NY, USA
$5,090,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 1, 2021
About this deal
AI
Located at 7-15 Highland Avenue in Staten Island, this multifamily property was recently involved in a refinancing transaction. The loan amount for this transaction was $5,090,000. The property is owned by Kenilworth Holdings.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,090,000
The lender for this transaction was David Tevis from Arbor Realty Trust. Representing the borrower, Kenilworth Holdings, David Tevis facilitated the refinancing deal for this multifamily property in Staten Island.
The multifamily loan at 7-15 Highland Avenue, Staten Island, NY, USA in New York, New York financed for $5.1M in 2021. 7-15 Highland Avenue, Staten Island, NY, USA is classified as Multifamily on Traded. This page is the New York, New York file for the 7-15 Highland Avenue, Staten Island, NY, USA 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 7-15 Highland Avenue, Staten Island, NY, USA around 2021. Published consideration for 7-15 Highland Avenue, Staten Island, NY, USA is $5.1M, dated 2021. Cite this Kenilworth Holdings Refinances Multifamily Property At 7-15 Highland Avenue On Staten Island With $5.09M Loan From David Tevis Of Arbor Realty Trust loan when underwriting similar multifamily product around New York, New York.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.12%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93