Zackary Kraft Of Cushman & Wakefield Arranges $80M Loan For Yonkers Office Property
FINANCED
$80,000,000
New York
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Financed 11/18/2016
FINANCED
Zackary Kraft Of Cushman & Wakefield Arranges $80M Loan For Yonkers Office Property
555 Tuckahoe Rd, Yonkers, NY, 10710
See Similar DealsOffice
Financed 11/18/2016
Summary
NEW YORK
Asset Type:Office
Transaction Type:Loan
The property involved in the transaction is an office located at 555 Tuckahoe Rd, Yonkers, NY, 10710. The loan for this property was provided by J.P. Morgan Asset Management, with a total amount of $80,000,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $80,000,000.00
- Market: Yonkers
- Borrower's Rep: Zackary Kraft (Cushman & Wakefield)
- Lender: J.P. Morgan Asset Management
Zackary Kraft from Cushman & Wakefield represented the borrower in this transaction.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$80,000,000.00
Monthly NOI$533,333.33
Monthly Debt Service$505,654.42
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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