FINANCED
First Republic Bank Provides $8.4M Loan For Multifamily Properties On West 68th St. And West 10th St
73 West 68th Street & 198 West 10th Street
MultiFamily
10,281 SF
10,281 SF
Financed 1 year ago
Summary
Loan
NEW YORK
MultiFamily
10,281 sqft
The multifamily property located at 73 West 68th St. and 198 West 10th St. in Manhattan has recently undergone a loan transaction. The property spans approximately 10,281 square feet and falls under the multifamily asset category.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $8,400,000
- Loan Type: Acquisition
- Loan Terms: 3.35% Fixed for 10 Years, 5 Years Interest Only
The loan was provided by First Republic Bank, serving as the lender for this transaction. On the landlord side, the property is jointly owned by 3517 Schaefer and 198 W. 10th Street Owner. The brokers involved in facilitating this deal were Jonathan Aghravi, Tim Cox, and Eli Terry from JBA Equities LLC.
Players
All
5
Agents
3
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Jonathan Aghravi, Timothy Cox & Eli Terry
DATE: 07/01/2022
ADDRESS: 73 West 68th St. & 198 West 10th St.
MARKET: Manhattan
ASSET TYPE: Multifamily ~ SF: 10,281
LENDER: First Republic Bank
LANDLORD: 3517 Schaefer & 198 W. 10th Street Owner
BROKERS: Jonathan Aghravi (@JonnyAghravi), Tim Cox (@TimmyCox22) & Eli Terry (@Mc_EYT) - JBA Equities LLC (@JBAEquitiesLLC)
LOAN AMOUNT: $8,400,000
LOAN TYPE: Acquisition
LOAN TERMS: 3.35% Fixed for 10 Years, 5 Years Interest OnlyView on map
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Address73 West 68th Street & 198 West 10th Street
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