Transactions

The $16.6 million Fannie Mae DUS financing has a 10-year term at a low, fixed rate and a 30-year amortization, with five years of interest-only payments. Built in 1925, 140 West 86^th Street is a high-rise apartment complex located on Manhattan’s Upper West Side. The 24/7 doorman building includes one-, two-, and three-bedroom units and a penthouse, each with updated finishes and modern appliances. In addition, the property offers a basement, two elevators, bicycle room, laundry facilities and an on-site security system.