Sheridan Capital Provides $4.5M Loan For Office Building At 142 Temple Street In New Haven, CT
142 Temple Street, Syracuse, NY, USA
$4,500,000
$59/SF
Building Size
75,128 SF
Asset Type
Office
Closing
Jul 8, 2020
About this deal
AI
An office property located at 142 Temple Street in New Haven, Connecticut, has been involved in a recent closed transaction. The property, with a loan amount of $4,500,000, was part of the deal.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $4,500,000
The lender involved in this transaction was Sheridan Capital, represented by Joe Fishman, Aaron Kurlansky, and Aditya Bedi.
No additional information was provided about the property or the individuals involved in the deal.
The office loan at 142 Temple Street, Syracuse, NY, USA in City of Syracuse, New York financed for $4.5M in 2020. The building is 75,128 square feet, implying about 59 per square foot on the published price. Joe Fishman, Aaron Kurlansky, Sheridan Capital appear on the loan alongside Sheridan Capital. This page is the City of Syracuse, New York file for the 142 Temple Street, Syracuse, NY, USA office financed: pricing, party profiles, and other closed office comps from the same City of Syracuse sit in the Market section below. Filter that City of Syracuse office set by closing date to see what else financed near 142 Temple Street, Syracuse, NY, USA around 2020. Published consideration for 142 Temple Street, Syracuse, NY, USA is $4.5M, dated 2020. Cite this Sheridan Capital Provides $4.5M Loan For Office Building At 142 Temple Street In New Haven, CT loan when underwriting similar office product around City of Syracuse, New York.
Players
City of Syracuse Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93