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23 East 127th Street
FINANCED

Equitas Capital Group Provides $1.059M Construction Loan For Harlem SFR

23 East 127th Street

Single Family Residence
3,460 SF
clock iconFinanced 1 year ago
Michael Fey
Alex Leykind
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Summary

Loan
NEW YORK
Single Family Residence
3,460 sqft

The property involved in this closed transaction is a single-family home located at 23 East 127th St. in the Harlem market. The home has a total square footage of 3,460.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $1,059,000
  • Address: 23 East 127th St.
  • Market: Harlem
  • Landlord: Alla Bares

The brokers who represented the deal were Alex Leykind and Michael Fey from Equitas Capital Group.

The loan obtained for this transaction was a construction loan with the following terms: an interest rate of 5.25%, a term of 18 months, and an amortization schedule of interest only.

Equitas Capital Group, specializing in commercial real estate financing, provided tailor-made solutions for this transaction. Their relationship-driven approach ensures that each loan is viewed from the client's individual perspective. For more information on how Equitas Capital Group can help finance your next commercial property, please contact them at 646-637-7510 or [email protected].

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Michael Fey's profile picture
Michael Fey
Equitas Capital Group-image
Director
$5.7M Sold

Details

Deal Summary
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FINANCED
IMAGE: Alex Leykind, Michael Fey & Alla Bares DATE: 01/27/2022 ADDRESS: 23 East 127th St. MARKET: Harlem ASSET TYPE: SFR ~ SF: 3,460 LANDLORD: Alla Bares (@Alla.Bares) BROKERS: Alex Leykind (@AlexLeykind1) & Michael Fey (@MichaelFey_CRE) - Equitas Capital Group (@EquitasCapitalGroup) LOAN AMOUNT: $1,059,000 LOAN TYPE: Construction Loan LOAN TERMS: Rate: 5.25%, Term: 18 months, Amortization: interest only NOTE FROM @EquitasCapitalGroup: Equitas Capital Group specializes in finding tailor-made solutions to your commercial real estate financing needs. As a relationship-driven firm, we invest time & resources in our clients, understanding their needs & challenges, & viewing each loan from their individual perspective. Please reach out to us & to learn how we can help you finance your next commercial property at 646-637-7510 or [email protected]

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Address23 East 127th Street

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