Zackary Kraft Of Cushman & Wakefield Arranges $80M Loan For Yonkers Office Property
555 Tuckahoe Rd, Yonkers, NY, 10710
$80,000,000
Building Size
—
Asset Type
Office
Closing
Nov 18, 2016
About this deal
AI
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.
The office loan at 555 Tuckahoe Rd, Yonkers, NY, 10710 in Yonkers, New York financed for $80M in 2016. 555 Tuckahoe Rd, Yonkers, NY, 10710 is classified as Office on Traded. Zackary Kraft, Cushman & Wakefield appear on the loan alongside Cushman & Wakefield. This page is the Yonkers, New York file for the 555 Tuckahoe Rd, Yonkers, NY, 10710 office financed: pricing, party profiles, and other closed office comps from the same Yonkers sit in the Market section below. Filter that Yonkers office set by closing date to see what else financed near 555 Tuckahoe Rd, Yonkers, NY, 10710 around 2016. Published consideration for 555 Tuckahoe Rd, Yonkers, NY, 10710 is $80M, dated 2016. Cite this Zackary Kraft Of Cushman & Wakefield Arranges $80M Loan For Yonkers Office Property loan when underwriting similar office product around Yonkers, New York.
Players
Yonkers 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
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93