NYCB Provides $8.6M Loan For Multifamily Property At 921 McLean Ave. In Yonkers
FINANCED
$8,602,000
New York
See Similar DealsMultiFamily6,453 SF
Financed 05/07/2021
FINANCED
NYCB Provides $8.6M Loan For Multifamily Property At 921 McLean Ave. In Yonkers
921 McLean Avenue, Yonkers, NY, USA
See Similar DealsMultiFamily6,453 SF
Financed 05/07/2021
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,333
Total Square Footage:6,453 SF
Transaction Type:Loan
An $8,602,000 loan has been secured for a multifamily property located at 921 McLean Ave in Yonkers. The loan was provided by NYCB. The property is owned by Mark Plumaj. The deal was facilitated by Matthew Murphy of ERG CRE.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,602,000
- Lender: NYCB
- Landlord: Mark Plumaj
- Broker: Matthew Murphy - ERG CRE
Matthew Murphy of ERG CRE played a crucial role as the broker in this deal, representing the interests of the parties involved. No additional information about the transaction was provided.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$8,602,000.00
Monthly NOI$57,346.67
Monthly Debt Service$54,370.49
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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