facebook
Traded Co logo
Submit

Fortress Investment Group Provides $100M Refinance Loan For Office Building On 135 East 57th Street

Property Image
FINANCED
$100,000,000

New York

See Similar Deals
Office397,354 SF
Financed 09/15/2022
the dealplayerscompscontact
Property Image
FINANCED

Fortress Investment Group Provides $100M Refinance Loan For Office Building On 135 East 57th Street

135 East 57th Street, New York City, New York 10022, United States

See Similar Deals
Office397,354 SF
Financed 09/15/2022
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$251
Total Square Footage:397,354 SF
Transaction Type:Loan

An office property located at 135 East 57th Street in Midtown East has recently undergone a loan refinancing transaction. The property spans a total square footage of 397,354 and is owned by Cohen Brothers Realty, represented by Charles S. Cohen, while the lending institution involved in the deal is Fortress Investment Group, represented by Avraham Dreyfuss.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $100,000,000
  • Address: 135 East 57th Street
  • Market: Midtown East

Avraham Dreyfuss, representing Fortress Investment Group, provided a loan amount of $100,000,000 to Cohen Brothers Realty for the refinancing of the office property at 135 East 57th Street. Cohen Brothers Realty, led by Charles S. Cohen, is the landlord of this property.

Players

Fortress Investment Group
Fortress Investment Group
LENDER
Charles Cohen
Charles Cohen
23 deals$1.1B volume
LANDLORD

Details

FINANCED
IMAGE: Charles S. Cohen DATE: 09/15/2022 ADDRESS: 135 East 57th Street MARKET: Midtown East ASSET TYPE: Office ~ SF: 397,354 LENDER: Fortress Investment Group - Avraham Dreyfuss LANDLORD: Cohen Brothers Realty - Charles S. Cohen LOAN AMOUNT: $100,000,000 LOAN TYPE: Refinance

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$100,000,000.00

Monthly NOI$666,666.67
Monthly Debt Service$632,068.02
Change in Cash Flow$0.00
Refinance Proceeds$0.00