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New York City

William Zev Levy Of IceCap Provides $2.7 Million Refinance Loan For Multifamily Asset In NYC
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

Ezra Sutton

Meridian Capital Group

Broker

$570.5M

vol

28 deals

Broker
Ice Cap Group
Ice Cap GroupLender

Market 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

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93