Meridian Capital Group Secures $10M Refinance Loan For Multifamily Property At 77 East 3rd Street In New York
FINANCED
New York
See Similar DealsMultiFamily11,025 SF
Financed 11/04/2022
FINANCED
Meridian Capital Group Secures $10M Refinance Loan For Multifamily Property At 77 East 3rd Street In New York
77 East 3rd Street
See Similar DealsMultiFamily11,025 SF
Financed 11/04/2022
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$907
Total Square Footage:11,025 SF
Transaction Type:Loan
The multifamily property located at 77 East 3rd Street in New York has recently undergone a loan transaction. The property spans across approximately 11,025 square feet and is owned by Jonathan and Ariel Soudry.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $10,000,000
- Loan Type: Refinance
The loan, amounting to $10,000,000, was secured to refinance the property. The deal was facilitated by the Meridian Capital Group, with brokers Isaac Filler, Yossi Koschitzki, and Elliot Levy representing the interests of the parties involved.
Players
LANDLORD
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$10,000,000.00
Monthly NOI$66,666.67
Monthly Debt Service$63,206.80
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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