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Gloria Weinstein Secures $3.3M Acquisition Loan In New York City

Property Image
FINANCED
$3,300,000

New York

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MultiFamily8,160 SF
Financed 05/31/2023
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Property Image
FINANCED

Gloria Weinstein Secures $3.3M Acquisition Loan In New York City

MultiFamily8,160 SF
Financed 05/31/2023
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$404
Total Square Footage:8,160 SF
Transaction Type:Loan

Gloria Weinstein has closed a loan transaction in New York City for a multifamily property. The property spans approximately 8,760 square feet.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,300,000
  • Loan Type: Acquisition
  • Loan Terms: 5/5 30-year amortization

Tracie Bonilla and Sebastian Altilio, representing Commercial Consultants Network, were the brokers involved in this deal. They successfully guided Gloria Weinstein in securing the loan amount of $3,300,000 for the acquisition of the multifamily property in New York City.

Commercial Consultants Network (CCN) is a dedicated team of experts available to provide guidance and access to a vast network of lenders. With their expertise and unbeatable rates and terms, CCN ensures that clients find the perfect loan solution for property expansion, acquisition, or refinancing needs. For more information, interested parties can contact CCN at 646.296.9286 or via email at [email protected].

Players

Sebastian Altilio
5 deals$49.3M volume
BROKER

Tracie Bonilla
1 deal$3.3M volume(310) 779-0492
BROKER

Details

FINANCED
IMAGE: Sebastian Altilio & Tracie Bonilla DATE: 05/31/2023 MARKET: New York City ASSET TYPE: Multifamily ~ SF: 8,760 ~ 12 LANDLORD: Gloria Weinstein BROKERS: Tracie Bonilla (@Ccn_CRE) & Sebastian Altilio (@S_Dot_Mortgages) - Commercial Consultants Network LOAN AMOUNT: $3,300,000 LOAN TYPE: Acquisition LOAN TERMS: 5/5 30-year amortization NOTE FROM BROKER: Commercial Consultants Network's expertise and dedication have once again delivered outstanding results. CCN is here to guide you through the process, offering expert advice and access to a vast network of lenders. Whether you're expanding your business, acquiring a new property, or refinancing, our team is equipped to find the perfect loan solution for you with unbeatable rates and terms. Contact us today at 646.296.9286 or email [email protected]

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,300,000.00

Monthly NOI$22,000.00
Monthly Debt Service$20,858.24
Change in Cash Flow$0.00
Refinance Proceeds$0.00