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140 Fulton Street

G4 Capital Partners Provides $21.8 Million Loan To Rivington Company For 140 Fulton Street Acquisition
FINANCEDMultiFamily

G4 Capital Partners Provides $21.8 Million Loan To Rivington Company For 140 Fulton Street Acquisition

140 Fulton Street

$21,800,000

$180/SF

Building Size

120,984 SF

Asset Type

MultiFamily

Closing

Oct 13, 2025

AI

The property asset involved in this transaction is a multifamily development site located at 140 Fulton Street, situated in the Financial District. The site encompasses 5,610 square feet and was financed through a loan amount of $21,800,000 provided by G4 Capital Partners.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $21,800,000
  • Asset Address: 140 Fulton Street
  • Market: Financial District
  • Lender: G4 Capital Partners
  • Landlord: Rivington Company
  • Loan Type: Acquisition

The deal was facilitated with G4 Capital Partners providing a loan to Rivington Company, which serves as the repeat sponsor for this acquisition. The financing is intended to support the acquisition and predevelopment of the site located adjacent to the Fulton Street Transit Station.

Players

G4 Capital Partners
G4 Capital PartnersLender

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.73%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93