Sunrise Equities Secures $845,000 Refinance Loan From Battalion For Bronx Multifamily Property
FINANCED
$845,000
New York
See Similar DealsMultiFamily
Financed 05/27/2025
FINANCED
Sunrise Equities Secures $845,000 Refinance Loan From Battalion For Bronx Multifamily Property
MultiFamily
Financed 05/27/2025
Summary
Asset Type:MultiFamily
Transaction Type:Loan
The asset involved in this transaction is a multifamily property located in the Bronx, with a loan amount of $845,000. The loan type is a refinance, facilitating further financial management for the landlord.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $845,000
- Lender: Battalion
- Landlord: Sunrise Equities
- Loan Type: Refinance
Neer Sachar represents Sunrise Equities in this loan transaction. Sunrise Equities is seeking additional value-added multifamily, mixed-use, and vacant building opportunities, and interested parties can contact Neer at [email protected] or call (516) 776-3195.
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$845,000.00
Monthly NOI$5,633.33
Monthly Debt Service$5,340.97
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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