8 Family Gramercy
Investment Highlights
Gramercy Park 1st Ave NYC 8,000sqFt brick 8 family & 2 commercial . 5 units FM 3 units RS all tenants paying on time RR is $720k+ / NOI $595k - all 2 & 3br units. new heat burner 2022. new hot water system 2025. Bldg in solid condition. Normal sale owner moving to Texas - asking 9m (6.6%cap) negotiable
Location
📍 Gramercy
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
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Who finances deals like this
The lenders with the most recorded multifamily mortgages since 2021, from public ACRIS filings.
- JPMORGAN Chase Bank, N.a. — 6,249 loans, typically $85K–$799K
- Citizens Bank NA — 3,374 loans, typically $126K–$660K
- TD Bank NA — 2,670 loans, typically $117K–$500K
- Rocket Mortgage, LLC — 2,561 loans, typically $140K–$528K
- United Wholesale Mortgage, LLC — 2,526 loans, typically $420K–$849K
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
