facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Loan

/

22 Clifton Country Rd, Clif...

Loan Secured For Retail Property In Albany, N.Y
FINANCEDRetail

Loan Secured For Retail Property In Albany, N.Y

22 Clifton Country Rd, Clifton Park, NY 12065

$38,500,000

$61/SF

Building Size

630,000 SF

Asset Type

Retail

Closing

Apr 27, 2023

AI

An undisclosed retail property located in Albany, N.Y has recently undergone a loan transaction. The specific details about the property, such as its size, price, and market value, are not provided in the given information. The loan transaction, which took place on April 27, 2023, involves a lender providing funds to the property owner.

Summary of Transaction Details:

  • Property Type: Retail

Unfortunately, no additional information regarding the lender, loan amount, loan type, loan terms, or any brokers involved in the transaction is provided. It is unclear whether there are any notable parties involved in the deal.

Note: There are no specific details or additional information available regarding this retail property loan transaction in Albany, N.Y.

Players

First National Bank
First National BankLender

New York Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.41%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93