FINANCEDMultiFamily
William Zev Levy Of IceCap Provides $2.7 Million Refinance Loan For Multifamily Asset In NYC
$2,700,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 9, 2025
AI
The asset type involved in this transaction is multifamily, situated within the New York City market. A refinance loan has been secured for the amount of $2,700,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,700,000
- Lender: William Zev Levy - IceCap
- Broker: Ezra Sutton - Meridian Capital Group
- Loan Type: Refinance
- Transaction Date: 9/10/2025
William Zev Levy represented IceCap as the lender in this refinancing deal, while Ezra Sutton from Meridian Capital Group acted as the broker facilitating the transaction.
Players
Market 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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93