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114 East 71st Street, 244 West 74th...

Nate Hyman broker a $62,250,000 loan for Multi Family property. The deal closed 9 months and 17 days ago.

  • Location image 114 East 71st Street, New York, NY, USA
  • Loan Value
    image $62,250,000
  • Asset Type image Multi Family
  • Area image 330,000 SF
  • Parties image1 Broker,1 Lender
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Nate Hyman

  • Deals 4
  • Volume $128,870,000
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Lender
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Comparables: 114 East 71st Street, 244 West 74th Street, 1107-1109 First Avenue, 404-424 West 56th Street, 309-315 West 54th Street, 448-452 West 57th Street & 219-223 East 32nd Street

Showing 4 of 27

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Price Icon $56,000,000

  • StatusLOAN, $802 PPSF
  • Date08/08/22
  • Address106 West 73rd Street, New York City, New York 10023, United States
  • Address106 West...
  • AssetMULTI FAMILY
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Price Icon $63,100,000

  • StatusLOAN, $449 PPSF
  • Date07/21/22
  • Address1604 Saint Johns Place, Brooklyn, New York 11233, United States
  • Address1604 Saint...
  • AssetMULTI FAMILY
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Price Icon $60,000,000

  • StatusLOAN, $1034 PPSF
  • Date07/13/22
  • Address2033 5th Avenue, New York City, New York 10118, United States
  • Address2033 5th...
  • AssetMULTI FAMILY
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Price Icon $61,250,000

  • StatusLOAN, $839 PPSF
  • Date07/11/22
  • Address301 West 22nd Street, New York City, New York 10011, United States
  • Address301 West...
  • AssetMULTI FAMILY
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This Deal on Social

LOAN
IMAGE: Peter Hungerford, Abe Haruvi & Nate Hyman
DATE: 10/28/2021
ADDRESS: 114 East 71st Street, 244 West 74th Street, 1107-1109 First Avenue, 404-424 West 56th Street, 309-315 West 54th Street, 448-452 West 57th Street & 219-223 East 32nd Street
MARKET: Upper West Side, Upper East Side, Murray Hill & Midtown West
ASSET TYPE: Multifamily ~ SF: 330,000 ~ UNITS: 508

LENDER: Bethpage Federal Credit Union
LANDLORD: PH Realty Capital – Peter Hungerford, Abe Haruvi & Arthur Haruvi
BROKER: Nate Hyman – Polaris Funding

LOAN AMOUNT: $62,250,000
LOAN TYPE: Refinance

NOTE: On the 80th Anniversary of its history, Bethpage FCU has closed a $62,250,000 refinance of The Haruvi Portfolio. An incredibly low leverage loan, the team at Polaris Funding led by Nate Hyman brought this very complicated loan across the finish line. PH Realty Capital has signed a contract to purchase the properties & taken over all management duties of the assets in preparation for its’ acquisition of the portfolio.

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LOAN
IMAGE: Peter Hungerford, Abe Haruvi & Nate Hyman
DATE: 10/28/2021
ADDRESS: 114 East 71st Street, 244 West 74th Street, 1107-1109 First Avenue, 404-424 West 56th Street, 309-315 West 54th Street, 448-452 West 57th Street & 219-223 East 32nd Street
MARKET: Upper West Side, Upper East Side, Murray Hill & Midtown West
ASSET TYPE: Multifamily ~ SF: 330,000 ~ UNITS: 508

LENDER: Bethpage Federal Credit Union
LANDLORD: PH Realty Capital – Peter Hungerford, Abe Haruvi & Arthur Haruvi
BROKER: Nate Hyman – Polaris Funding

LOAN AMOUNT: $62,250,000
LOAN TYPE: Refinance

NOTE: On the 80th Anniversary of its history, Bethpage FCU has closed a $62,250,000 refinance of The Haruvi Portfolio. An incredibly low leverage loan, the team at Polaris Funding led by Nate Hyman brought this very complicated loan across the finish line. PH Realty Capital has signed a contract to purchase the properties & taken over all management duties of the assets in preparation for its’ acquisition of the portfolio.

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Contact Nate Hyman

Nate Hyman, principal of Polaris Funding, was a Senior Managing Director at a leading national firm, one of the largest...

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