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444 East 10th Street

Storage Post Secures $47M Refinance Loan From Nuveen Real Estate For Self Storage In East Village
FINANCEDSelf Storage

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

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.

Players

Steven Klein

JLL

Broker

$3.9B

vol

52 deals

Broker
NE
Nuveen Real EstateLender
SP
Storage PostLandlord

Dylan Delaune

Storage Post

Landlord

$108.2M

vol

3 deals

Landlord

New York Self Storage Market Snapshot

Boundary boundary · Self Storage · Loan transactions

Loading comparables…

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