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142 Temple Street, Syracuse...

Updated Dec 4, 2024

Sheridan Capital Provides $4.5M Loan For Office Building At 142 Temple Street In New Haven, CT
FINANCEDOffice

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

Aaron Kurlansky

Sheridan Capital

Lender

$588.1M

vol

20 deals

Lender
Sheridan Capital
Sheridan CapitalLender

City of Syracuse Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Deal FAQ

About $59 per square foot on a published $4.5M for 75,128 square feet (2020).

Visit Joe Fishman to view all their deals.

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

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