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Goldman Sachs Provides $95.2 Million Loan For Residential Property In Yorkville

Property Image
FINANCED
$95,200,000

New York

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Other7,569 SF
Financed 12/19/2019
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Property Image
FINANCED

Goldman Sachs Provides $95.2 Million Loan For Residential Property In Yorkville

40 East End Ave, New York, NY 10028, USA

See Similar Deals
Other7,569 SF
Financed 12/19/2019
Contact now

Summary

NEW YORK
Asset Type:Other
Price Per Square Foot:$12,577
Total Square Footage:7,569 SF
Transaction Type:Loan

The residential property located at 40 East End in Yorkville has been involved in a closed transaction. The loan amount for this deal was $95,200,000. The property is owned by the Lightstone Group and the lender for this transaction was Goldman Sachs, represented by David Solomon and DJ Sol Music.

Summary of transation details

  • Property Type: Residential
  • Transaction Amount: $95,200,000
  • Address: 40 East End
  • Market: Yorkville

David Solomon and DJ Sol Music, representatives from Goldman Sachs, were involved in the transaction, along with the Lightstone Group as the landlord.

Players

LENDER


Details

FINANCED
IMAGE: @DavidSolomon & David Lichtenstein DATE: 12/19/2019 ADDRESS: @40EastEnd MARKET: Yorkville ASSET TYPE: Residential LENDER: @GoldmanSachs @DavidSolomon @DjDSolMusic LANDLORD: @LightstoneGroup LOAN AMOUNT: $95,200,000

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$95,200,000.00

Monthly NOI$634,666.67
Monthly Debt Service$601,728.76
Change in Cash Flow$0.00
Refinance Proceeds$0.00