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100 West 125th Street

Updated Aug 6, 2025

Jeff Sutton Of Wharton Properties Secures $100M Refinance Loan From Jeff Krasnoff Of Rialto Capital In Harlem
FINANCEDRetail

Jeff Sutton Of Wharton Properties Secures $100M Refinance Loan From Jeff Krasnoff Of Rialto Capital In Harlem

100 West 125th Street

$100,000,000

Building Size

—

Asset Type

Retail

Closing

Jul 29, 2025

About this deal

AI

The asset involved in this transaction is a retail property located at 100 West 125th Street in Harlem, Manhattan. The loan amount for the refinance is $100,000,000, which replaces a prior loan of $95,000,000 from Valley National.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $100,000,000
  • Lender: Jeff Krasnoff - Rialto Capital Management
  • Landlord: Jeff Sutton - Wharton Properties
  • Loan Type: Refinance

Key individuals involved in the deal include Jeff Krasnoff representing Rialto Capital Management and Jeff Sutton representing Wharton Properties, who successfully facilitated the refinancing of the retail asset.

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$100,000,000

Retail

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Players

Jeff Krasnoff

Rialto Capital Management

Lender

$507.8M

vol

15 deals

Lender
Rialto Capital Management
Rialto Capital ManagementLender
Jeff Sutton

Jeff Sutton

Wharton Properties

Landlord

$5.6B

vol

59 deals

Landlord
Wharton Properties
Wharton PropertiesLandlord
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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.16%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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