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David Roth's Palladium Management Refinances Westchester Retail Property For $2.6M

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FINANCED

New York

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Retail7,500 SF
Financed 11/08/2022
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Property Image
FINANCED

David Roth's Palladium Management Refinances Westchester Retail Property For $2.6M

2081 Boston Post Road

See Similar Deals
Retail7,500 SF
Financed 11/08/2022
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:7,500 SF
Transaction Type:Loan

The property involved in this transaction is a retail asset located at 2081 Boston Post Road & 440 North Avenue in Westchester. The property spans 7,500 square feet and was part of a refinancing deal.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,600,000
  • Address: 2081 Boston Post Road & 440 North Avenue
  • Market: Westchester
  • Landlord: David Roth - Palladium Management
  • Broker: Michael Lee - HKS Real Estate Advisors
  • Loan Type: Refinance

The deal was facilitated by Michael Lee from HKS Real Estate Advisors, who represented the buyer in the refinancing transaction. David Roth of Palladium Management acted as the landlord in the deal.

Players

Michael Lee
21 deals$355M volume
BROKER

Michael Lee
CBRE
2 deals$7M volume(718) 289-7703
BROKER

David Roth
9 deals$30.9M volume
LANDLORD

Details

FINANCED
IMAGE: IMAGE: David Roth & Michael Lee DATE: 11/08/2022 ADDRESS: 2081 Boston Post Road & 440 North Avenue MARKET: Westchester ASSET TYPE: Retail ~ SF: 7,500 LANDLORD: David Roth - Palladium Management (@PalladiumManagement) BROKER: Michael Lee - HKS Real Estate Advisors (@HKSRealEstateAdvisors) LOAN AMOUNT: $2,600,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

0.00x

Max Loan Amount

$0.00

Monthly NOI$0.00
Monthly Debt Service$0.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00