Aegean Commercial Capital Provides $3.15M Refinance Loan For Retail Property On Hylan Boulevard, New York City
FINANCED
$3,150,000
New York
See Similar DealsRetail10,000 SF
Financed 05/18/2023
FINANCED
Aegean Commercial Capital Provides $3.15M Refinance Loan For Retail Property On Hylan Boulevard, New York City
2145 Hylan Blvd Staten Island, NY 10306, USA
See Similar DealsRetail10,000 SF
Financed 05/18/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$315
Total Square Footage:10,000 SF
Transaction Type:Loan
A commercial property located at 2145 Hylan Boulevard in New York City has recently undergone a loan transaction. The property, a retail space with a size of 10,000 square feet, was involved in a loan refinance deal.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,150,000
- Lender: Aegean Commercial Capital - John Lagoudis
- Landlord: Salvatore Calabrese
- Loan Type: Refinance
- Loan Terms: 5.5% Rate 10 Year, 30 Year Amortization
In this refinance transaction, Aegean Commercial Capital, represented by John Lagoudis, provided a loan amount of $3,150,000 to the landlord, Salvatore Calabrese. The loan terms include a 5.5% interest rate, a 10-year duration, and a 30-year amortization period.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,150,000.00
Monthly NOI$21,000.00
Monthly Debt Service$19,910.14
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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