Isaac Filler & Yossi Koschitzki Of Meridian Capital Group Secure $21M Loan For 1380 Riverside Dr Acquisition
FINANCED
$21,000,000
New York
See Similar DealsOther142,600 SF
Financed 07/19/2019
FINANCED
Isaac Filler & Yossi Koschitzki Of Meridian Capital Group Secure $21M Loan For 1380 Riverside Dr Acquisition
1380 Riverside Dr, New York, NY 10033, USA
See Similar DealsOther142,600 SF
Financed 07/19/2019
Summary
NEW YORK
Asset Type:Other
Price Per Square Foot:$147
Total Square Footage:142,600 SF
Transaction Type:Loan
The property at 1380 Riverside Dr has been involved in a closed transaction. The property spans a total of 142,600 square feet, and the loan amount for the transaction was $21,000,000. The landlord of the property is Vincent Garrow, and the lender for the transaction was New York Community Bank. The mortgage broker responsible for the deal was Isaac Filler & Yossi Koschitzki from Meridian Capital Group.
Summary of transaction details
- Property Type: Not specified
- Transaction Amount: $21,000,000
- Square Footage: 142,600
- Address: 1380 Riverside Dr
- Landlord: Vincent Garrow
- Lender: New York Community Bank
- Mortgage Broker: Isaac Filler & Yossi Koschitzki @meridian.capital.group
Isaac Filler & Yossi Koschitzki from Meridian Capital Group represented the buyer or seller in this transaction, acting as the broker for the deal.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$21,000,000.00
Monthly NOI$140,000.00
Monthly Debt Service$132,734.28
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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