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208 East 25th Street

Maverick Real Estate Partners Secures $20 Million Refinance Loan From Chase Bank For 85-Unit Multifamily Asset
FINANCEDMultiFamily

Maverick Real Estate Partners Secures $20 Million Refinance Loan From Chase Bank For 85-Unit Multifamily Asset

208 East 25th Street

$20,000,000

Building Size

Asset Type

MultiFamily

Closing

Mar 26, 2026

AI

The asset involved in the transaction is a multifamily property located at 208 East 25th Street in the Kips Bay neighborhood of Manhattan. It comprises 85 units and is associated with a refinance loan amount of $20,000,000. The lender for this transaction is Chase Bank.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $20,000,000
  • Address: 208 East 25th Street
  • Market: Kips Bay, Manhattan
  • Lender: Chase Bank
  • Landlord: Maverick Real Estate Partners
  • Landlord's Representative: Max Ralby & Capri Van Gilder - Newmark
  • Loan Type: Refinance

Key individuals involved in the deal include Max Ralby and Capri Van Gilder, who represent Maverick Real Estate Partners in this transaction through their association with Newmark. Their roles highlight the professional representation in securing the refinance deal with Chase Bank.

Players

Max Ralby

Newmark

Broker

$3.8B

vol

74 deals

Broker
Chase Bank
Chase BankLender
Maverick Real Estate Partners
Maverick Real Estate PartnersLandlord

New York 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

0.79%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93