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85 East End Avenue

Farallon Capital Management And Hal Fetner Refinanced Yorkville Multifamily With $46.4M Loan From Trimont
FINANCEDMultiFamily

Farallon Capital Management And Hal Fetner Refinanced Yorkville Multifamily With $46.4M Loan From Trimont

85 East End Avenue

$46,400,000

$273/SF

Building Size

169,386 SF

Asset Type

MultiFamily

Closing

Feb 10, 2026

AI

The asset involved in this transaction is a multifamily residential building located at 85 East End Avenue in the Yorkville neighborhood of Manhattan. The property encompasses a total square footage of 169,386 and consists of 155 units.

Summary of transaction details:

This financing deal was orchestrated by Farallon Capital Management and Fetner Properties, who sought to replace prior debt from Brookfield. Bill Sexton represented Trimont in providing the $46.4 million loan for the refinancing effort.

Players

Bill Sexton

Lender

$46.4M

vol

1 deal

Lender
FP
Fetner PropertiesLandlord

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.34%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93