We Lend LLC Provides $1.06M Loan For Multifamily Property In East Elmhurst
FINANCED
$1,064,000
New York
See Similar DealsMultiFamily2,338 SF
Financed
FINANCED
We Lend LLC Provides $1.06M Loan For Multifamily Property In East Elmhurst
East Elmhurst, Queens, NY, USA
See Similar DealsMultiFamily2,338 SF
Financed
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$455
Total Square Footage:2,338 SF
Transaction Type:Loan
We Lend LLC has provided a loan for a multifamily property in East Elmhurst. The property spans across 2,338 square feet and was closed on September 22, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,064,000
The loan was provided by We Lend LLC. The loan type is a 30-Year Rental Loan with an interest rate of 3.875%. Ruben Izgelov, Solomon Suleymanov, Moses Suleymanov, and Andrew Schnissel, representing We Lend LLC, were the key individuals involved in the transaction.
Players
LENDER
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,064,000.00
Monthly NOI$7,093.33
Monthly Debt Service$6,725.20
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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