Updated Dec 18, 2025
Storage Post Secures $47M Refinance Loan From Nuveen Real Estate For Self Storage In East Village
444 East 10th Street
$47,000,000
$596/SF
Building Size
78,812 SF
Asset Type
Self Storage
Closing
Nov 24, 2025
About this deal
AI
The property asset involved in the transaction is a self-storage facility, located at 444 East 10th Street in the East Village. The facility encompasses a total square footage of 78,812 and is associated with a loan amount of $47,000,000 for refinancing purposes.
Summary of transation details:
- Property Type: Self Storage
- Transaction Amount: $47,000,000
- Address: 444 East 10th Street
- Market: East Village
- Lender: Nuveen Real Estate
- Landlord: Storage Post - Bruce Roch & Dylan Delaune
- Brokers: Steven Klein & Robert Tonnessen - JLL
The key individuals involved in this transaction include Bruce Roch and Dylan Delaune, who represent the landlord, Storage Post. The brokers facilitating the deal are Steven Klein and Robert Tonnessen from JLL, contributing their expertise to the refinancing process with Nuveen Real Estate as the lender.
On the Map
$47,000,000
$596/SF
Self Storage
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Players
New York Self Storage Market Snapshot
Boundary boundary · Self Storage · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93