Wells Fargo Refinances $50M Loan For Janus Property Company's Office In Harlem
FINANCED
$50,000,000
New York
See Similar DealsOffice260,965 SF
Financed 08/08/2022
FINANCED
Wells Fargo Refinances $50M Loan For Janus Property Company's Office In Harlem
450 West 126th Street, New York City, New York 10027, United States
See Similar DealsOffice260,965 SF
Financed 08/08/2022
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$191
Total Square Footage:260,965 SF
Transaction Type:Loan
An office building located at 450 West 126th Street in Harlem was involved in a recent loan transaction. The property, spanning 260,965 square feet, was the subject of a refinancing deal.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $50,000,000
- Address: 450 West 126th Street
- Market: Harlem
Wells Fargo served as the lender in this refinance transaction. The landlord of the property, Janus Property Company, led by Jerry J. Salama, represented the property owner in the deal.
Please note that no further details were provided regarding the involvement of other parties in this transaction.
Players
Details
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$50,000,000.00
Monthly NOI$333,333.33
Monthly Debt Service$316,034.01
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions