facebook
Traded Co logo
Submit

SJP's Steven Pozycki And Mitsui Fudosan America CEO John Westerfield Acquire $464.1M Residential New Development In UWS

Property Image
FINANCED
$464,100,000

New York

See Similar Deals
Other5,000 SF
Financed 11/08/2018
the dealplayerscompscontact
Property Image
FINANCED

SJP's Steven Pozycki And Mitsui Fudosan America CEO John Westerfield Acquire $464.1M Residential New Development In UWS

169 Amsterdam Ave, New York, NY 10023, USA

See Similar Deals
Other5,000 SF
Financed 11/08/2018
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Other
Price Per Square Foot:$92,820
Total Square Footage:5,000 SF
Transaction Type:Loan

Located at 200 Amsterdam in the Upper West Side (UWS) neighborhood, a residential new development has recently been involved in a closed transaction. The property, owned by SJP Properties and Mitsui Fudosan America, showcases its appeal in the market. The deal was facilitated by Steven Pozycki of SJP Properties and Mitsui Fudosan America's CEO, John Westerfield.

Summary of transaction details

  • Property Type: Residential new development
  • Transaction Amount: $464,100,000
  • Lender: Mitsui Trust Bank
  • Landlord: SJP Properties and Mitsui Fudosan America

The transaction involved a loan amount of $464,100,000 provided by Mitsui Trust Bank. SJP Properties and Mitsui Fudosan America served as the landlords in this deal, demonstrating their involvement in the UWS real estate market. This partnership between the two companies contributes to the growth and development of the area.

Players

Sumitomo Mitsui Trust Bank
Sumitomo Mitsui Trust Bank
LENDER
Mitsui Fudosan America
Mitsui Fudosan America
LANDLORD

Details

FINANCED
IMAGE: SJP’s Steven Pozycki and Mitsui Fudosan America CEO John Westerfield DATE: 11/08/2018 ADDRESS: @200Amsterdam MARKET: UWS ASSET TYPE: Residential new development LENDER: Mitsui Trust Bank LANDLORD: @SJPProperties and Mitsui Fudosan America LOAN AMOUNT: $464,100,000

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
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$464,100,000.00

Monthly NOI$3,094,000.00
Monthly Debt Service$2,933,427.70
Change in Cash Flow$0.00
Refinance Proceeds$0.00