Ponce Bank Refinances $2.4M Loan For Multifamily Property In Westchester | 9 Rochelle Terrace | Edward McCarthy | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

15 sqft

A multifamily property located at 9 Rochelle Terrace in Westchester was recently involved in a loan transaction. The property spans 15,300 square feet and comprises 21 units.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $2,400,000
Loan Type: Refinance
Loan Terms: Rate - 4.875%, Term - 15 Years

Ponce Bank provided a loan amount of $2,400,000 to assist with the refinance. The loan terms include a rate of 4.875% and a term of 15 years. The landlord, Jeff Walker, was represented by Edward McCarthy from Redwood Capital Advisors.

Players

All
2

Agents
1
Agencies
1

Edward McCarthy

Vice President of Capital Lending

$5.6M Sold

Redwood Realty Advisors

Details

Deal Summary

FINANCED

IMAGE: Edward McCarthy DATE: 09/09/2022 ADDRESS: 9 Rochelle Terrace MARKET: Westchester ASSET TYPE: Multifamily ~ SF: 15,300 ~ UNITS: 21 LENDER: Ponce Bank LANDLORD: Jeff Walker BROKER: Edward McCarthy - Redwood Capital Advisors (@RedwoodCapitalAdvisors) LOAN AMOUNT: $2,400,000 LOAN TYPE: Refinance LOAN TERMS: Rate: 4.875%, Term: 15 Years

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Address9 Rochelle Terrace

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