facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Loan

/

85 East End Avenue

Fetner Properties Secures $73 Million Refinance Loan From Brookfield For Upper East Side Multifamily
FINANCEDMultiFamily

Fetner Properties Secures $73 Million Refinance Loan From Brookfield For Upper East Side Multifamily

85 East End Avenue

$73,000,000

Building Size

Asset Type

MultiFamily

Closing

Feb 10, 2026

AI

The property asset involved in this transaction is a multifamily building located at 85 East End Avenue in the Upper East Side market. The loan amount secured for this property is $73,000,000, categorized as a refinance loan.

Summary of transaction details:

The key individuals involved in this transaction include representatives from Eastdil Secured, specifically Adam Licari, Ethan Pond, Alana Bassen, Jeff Organisciak, and Michael Smilove, who facilitated the loan arrangement for Fetner Properties regarding the property at 85 East End Avenue.

Players

Jeff Organisciak

Eastdil Secured

Broker

$8.9B

vol

37 deals

Broker
FP
Fetner PropertiesLandlord

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.22%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93