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Bronx

Sunrise Equities Secures $845,000 Refinance Loan From Battalion For Bronx Multifamily Property
FINANCEDMultiFamily

Sunrise Equities Secures $845,000 Refinance Loan From Battalion For Bronx Multifamily Property

$845,000

Building Size

Asset Type

MultiFamily

Closing

May 27, 2025

AI

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.

Players

Neer Sachar

Sunrise Equities

Landlord

$18.1M

vol

13 deals

Landlord

Market 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

18.77%

Cash-on-Cash

-5.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93