Life Co Provides $14.9 Million Refinance Loan For Bronx Multifamily Property With Broker Charlie Lefkowitz
FINANCED
$14,900,000
New York
See Similar DealsMultiFamily26,000 SF
Financed 11/24/2025
FINANCED
Life Co Provides $14.9 Million Refinance Loan For Bronx Multifamily Property With Broker Charlie Lefkowitz
MultiFamily26,000 SF
Financed 11/24/2025
Summary
Asset Type:MultiFamily
Price Per Square Foot:$573
Total Square Footage:26,000 SF
Transaction Type:Loan
The asset involved in the transaction is a multifamily property located in the Bronx. It encompasses a total square footage of 26,000 and includes 50 units. The loan amount secured for the refinance is $14,900,000, with a loan term of 5 years. This transaction utilizes a ground-up refinance to perm structure under the 421A program, with Life Co serving as the new lender.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $14,900,000
- Square Footage: 26,000
- Units: 50
- Lender: Life Co
- Broker: Charlie Lefkowitz
- Loan Type: Refinance
- Loan Terms: 5 Years
The transaction was facilitated by broker Charlie Lefkowitz, who played a crucial role in securing the loan with Life Co. This structured financial arrangement reflects a strategic move within the context of the Bronx market and reinforces the significance of multifamily assets in urban settings.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$14,900,000.00
Monthly NOI$99,333.33
Monthly Debt Service$94,178.14
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions