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
$464,100,000
$92,820/SF
Building Size
5,000 SF
Asset Type
Other
Closing
Nov 7, 2018
About this deal
AI
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.
On the Map
$464,100,000
$92,820/SF
Other
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Players
New York Other Market Snapshot
Boundary boundary · Other · Loan transactions
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Deal FAQ
About $92.8K per square foot on a published $464.1M for 5,000 square feet (2018).
Browse New York other loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.03%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93