UBS Provides $13.5M Refinance Loan For Retail Property In Bronx
831 Rosedale Avenue, The Bronx, New York 10473, United States
$13,500,000
$214/SF
Building Size
63,000 SF
Asset Type
Retail
Closing
Apr 10, 2022
About this deal
AI
Located in the Bronx, the property at 831 Rosedale Ave. & 829-849 Soundview Ave. is a retail space spanning approximately 63,000 square feet.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $13,500,000
- Market: Bronx
- Loan Type: Refinance
The loan for this transaction was provided by ubs''>UBS. Represented by Max Ralby from HKS Real Estate Advisors, the borrower refinanced the property with a 10-year, full-term interest-only loan.
The retail loan at 831 Rosedale Avenue, The Bronx, New York 10473, United States in New York, New York financed for $13.5M in 2022. The building is 63,000 square feet, implying about 214 per square foot on the published price. Max Ralby, HKS Real Estate Advisors, Newmark appear on the loan alongside HKS Real Estate Advisors, Newmark. This page is the New York, New York file for the 831 Rosedale Avenue, The Bronx, New York 10473, United States retail financed: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else financed near 831 Rosedale Avenue, The Bronx, New York 10473, United States around 2022. Published consideration for 831 Rosedale Avenue, The Bronx, New York 10473, United States is $13.5M, dated 2022. Cite this UBS Provides $13.5M Refinance Loan For Retail Property In Bronx loan when underwriting similar retail product around New York, New York.
Players
New York 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
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93