RWC Lending Provides $4.3M Refinance Loan For Multifamily Property In White Plains
FINANCED
$4,300,000
New York
See Similar DealsMultiFamily15,860 SF
Financed
FINANCED
RWC Lending Provides $4.3M Refinance Loan For Multifamily Property In White Plains
108 North Kensico Avenue
See Similar DealsMultiFamily15,860 SF
Financed
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$271
Total Square Footage:15860 SF
Transaction Type:Loan
The asset involved in this transaction is a multifamily property located at 108 North Kensico Avenue in White Plains, comprising a total square footage of 15,860. The loan amount secured for this property is $4,300,000, under a refinance loan type.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,300,000
- Address: 108 North Kensico Avenue
- Market: White Plains
- Lender: RWC Lending
- Broker: Jake Lapidot - Cooper Horowitz
- Loan Type: Refinance
Key individuals involved in the transaction include Jake Lapidot, representing Cooper Horowitz as the broker for the deal. The lender facilitating the loan is RWC Lending, contributing to the refinancing of the property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$4,300,000.00
Monthly NOI$28,666.67
Monthly Debt Service$27,178.93
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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