Updated Nov 3, 2026
David Levitan Of Liberty One Group Secures $7.9M Refinance Loan For Elev8 Centers In Harlem
151 West 136th Street & 155 West 136th Street
$7,900,000
Building Size
—
Asset Type
Special Purpose
Closing
Oct 22, 2026
About this deal
AI
The asset involved in this transaction is a special purpose facility located at 151-155 West 136th Street in Harlem, Manhattan. The loan amount secured for this property is $7,900,000, specifically obtained through a refinancing agreement.
Summary of transaction details:
- Property Type: Special Purpose
- Transaction Amount: $7,900,000
- Loan Type: Refinance
- Lender: Tristate Capital Bank
- Landlord: David Levitan - Liberty One Group
- Address: 151-155 West 136th Street
- Market: Harlem, Manhattan
This transaction highlights the involvement of Liberty One Group in securing financing for the Elev8 Centers substance abuse treatment facility. The refinancing was orchestrated by Tristate Capital Bank, facilitating continued operation and support for the facility's services.
On the Map
$7,900,000
Special Purpose
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Players
New York Special Purpose Market Snapshot
Boundary boundary · Special Purpose · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93