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Loan Secured For Retail Property In Albany, N.Y
FINANCED
$38,500,000
New York
See Similar DealsRetail630,000 SF
Financed 04/28/2023
FINANCED
Loan Secured For Retail Property In Albany, N.Y
22 Clifton Country Rd, Clifton Park, NY 12065
See Similar DealsRetail630,000 SF
Financed 04/28/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$61
Total Square Footage:630,000 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$38,500,000.00
Monthly NOI$256,666.67
Monthly Debt Service$243,346.19
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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