Andrew Walsh Of HAB BANK Provides $3.9M Refinance Loan For Bronx Multifamily Property
FINANCED
$3,900,000
New York
See Similar DealsMultiFamily13,300 SF
Financed 08/22/2024
FINANCED
Andrew Walsh Of HAB BANK Provides $3.9M Refinance Loan For Bronx Multifamily Property
MultiFamily13,300 SF
Financed 08/22/2024
Summary
Asset Type:MultiFamily
Price Per Square Foot:$293
Total Square Footage:13,300 SF
Transaction Type:Loan
The property asset involved is a multifamily unit comprising a total square footage of 13,300, which consists of 17 units. It is located in the Bronx market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,900,000
- Lender: Andrew Walsh - HAB BANK
- Broker: Isaac Blyakher - Blyakher Real Estate
- Loan Type: Refinance
- Loan Terms: Fixed Rate, Cash Out Refinance
Key individuals in this transaction include Andrew Walsh, who is representing HAB BANK as the lender, and Isaac Blyakher of Blyakher Real Estate, who is acting as the broker for this deal.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,900,000.00
Monthly NOI$26,000.00
Monthly Debt Service$24,650.65
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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