facebook
Traded Co logo
Submit
Daily limit: 0/10

KPG Funds Secures $9M Refi Loan For Retail Condo At 102 Chambers St In Tribeca

Property Image
FINANCED
$8,968,000

New York

See Similar Deals
Retail3,086 SF
Financed 05/09/2023
the dealplayerscompscontact
Property Image
FINANCED

KPG Funds Secures $9M Refi Loan For Retail Condo At 102 Chambers St In Tribeca

330 W 87th St New York, Ny 10024, Usa

See Similar Deals
Retail3,086 SF
Financed 05/09/2023
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$2,906
Total Square Footage:3,086 SF
Transaction Type:Loan

A retail condo located at 102 Chambers Street in Tribeca, Manhattan has a total square footage of 3,086. KPG Funds has secured a refinancing loan valued at $8,968,000 with Ready Capital.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $8,968,000
  • Lender: Ready Capital - Melissa Perez
  • Landlord: KPG Funds - Gregory Kraut
  • Loan Type: Refinance

The transaction involves key individuals including Melissa Perez, representing Ready Capital, and Gregory Kraut, representing KPG Funds as the landlord in this refinancing deal.

Details

FINANCED
IMAGE: Gregory Kraut DATE: 05/09/2023 ADDRESS: 102 Chambers Street MARKET: Tribeca, Manhattan ASSET TYPE: Retail ~ SF: 3,086 LENDER: Ready Capital (@Ready_Capital) - Melissa Perez LANDLORD: KPG Funds (@KPG_Funds) - Gregory Kraut LOAN AMOUNT: $8,968,000 LOAN TYPE: Refinance NOTE: KPG Funds has secured a refi loan valued at $9 million with Ready Capital for a retail condo located at 102 Chambers Street in Tribeca, Manhattan.

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

$8,968,000.00

Monthly NOI$59,786.67
Monthly Debt Service$56,683.86
Change in Cash Flow$0.00
Refinance Proceeds$0.00