UNIFY Financial Credit Union Refinances Office Property In Westchester County For $24.08M
FINANCED
$24,080,000
New York
See Similar DealsOffice172,000 SF
Financed 09/10/2021
FINANCED
UNIFY Financial Credit Union Refinances Office Property In Westchester County For $24.08M
520 White Plains Rd, Tarrytown, Westchester County, NY, USA
See Similar DealsOffice172,000 SF
Financed 09/10/2021
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$140
Total Square Footage:172,000 SF
Transaction Type:Loan
Located at 520 White Plains Rd. in Westchester County, this office property spans a total of 172,000 square feet. The property was recently involved in a loan transaction.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $24,080,000
The loan, provided by UNIFY Financial Credit Union, was utilized for the purpose of refinancing. The landlord of the property is Abraham Brach. Adrian Edery from Paradigm Commercial Real Estate served as the broker in this transaction.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$24,080,000.00
Monthly NOI$160,533.33
Monthly Debt Service$152,201.98
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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