JP Morgan Chase Refinances Bronx Retail Property For $4.5M With Meridian Capital Group
2182 White Plains Road
$4,500,000
Building Size
—
Asset Type
Retail
Closing
Feb 15, 2024
About this deal
AI
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,500,000
- Address: 2182 White Plains Road, Bronx
- Market: Bronx
- Lender: JP Morgan Chase
- Brokers: Ezra Sutton & Avi Weinstock - Meridian Capital Group
- Loan Type: Refinance
The retail loan at 2182 White Plains Road in Bronx, New York financed for $4.5M in 2024. 2182 White Plains Road is classified as Retail on Traded. Ezra Sutton, Avi Weinstock, Meridian Capital Group appear on the loan alongside Meridian Capital Group. This page is the Bronx, New York file for the 2182 White Plains Road retail financed: pricing, party profiles, and other closed retail comps from the same Bronx sit in the Market section below. Filter that Bronx retail set by closing date to see what else financed near 2182 White Plains Road around 2024. Published consideration for 2182 White Plains Road is $4.5M, dated 2024. Cite this JP Morgan Chase Refinances Bronx Retail Property For $4.5M With Meridian Capital Group loan when underwriting similar retail product around Bronx, New York.
Players
Bronx Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93