Maxim Provides $1.2M Loan For Note On Southampton Property
FINANCED
$1,200,000
New York
See Similar DealsOther409,464 SF
Financed 06/18/2021
FINANCED
Maxim Provides $1.2M Loan For Note On Southampton Property
64 Westway Drive, Southampton, NY, USA
See Similar DealsOther409,464 SF
Financed 06/18/2021
Summary
NEW YORK
Asset Type:Other
Price Per Square Foot:$2
Total Square Footage:409,464 SF
Transaction Type:Loan
The property involved in this transaction is a note located at 64 Westway Dr. in Southampton. The loan amount for this transaction is $1,200,000. The lender for this loan is Maxim. Alec Feintuch from Leviathan Capital served as the broker in this deal.
Summary of Transaction Details
- Property Type: Note
- Transaction Amount: $1,200,000
- Lender: Maxim
- Broker: Alec Feintuch - Leviathan Capital
Alec Feintuch from Leviathan Capital represented the borrower in this loan transaction. No additional information was available regarding this deal.
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Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,200,000.00
Monthly NOI$8,000.00
Monthly Debt Service$7,584.82
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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