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Stephen Rosenberg & Charles Dayan Refinances 57-Unit Multifamily In Bedford-Stuyvesant For $29.5M

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FINANCED
$29,500,000

National

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MultiFamily93,648 SF
Financed 10/14/2021
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Property Image
FINANCED

Stephen Rosenberg & Charles Dayan Refinances 57-Unit Multifamily In Bedford-Stuyvesant For $29.5M

$29,500,000

See Similar Deals
MultiFamily93,648 SF
Financed 10/14/2021
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Summary

Asset Type:MultiFamily
Price Per Square Foot:$315
Total Square Footage:93,648 SF
Transaction Type:Loan

The multifamily property located at 339 Greene Avenue in Bedford-Stuyvesant has undergone a loan refinance. The property spans approximately 93,648 square feet and consists of 57 units. The transaction was finalized on October 14, 2021.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $29,500,000
  • Address: 339 Greene Avenue
  • Market: Bedford-Stuyvesant
  • Square Footage: 93,648
  • Units: 57

In this refinancing deal, the loan was provided by Stephen Rosenberg representing greystone''>Greystone & Co. The landlord of the property is Charles Dayan from Bonjour Capital.

Players

LENDER

Charles Dayan
5 deals$116.2M volume
LANDLORD

Details

FINANCED
IMAGE: Stephen Rosenberg & Charles Dayan DATE: 10/14/2021 ADDRESS: 339 Greene Avenue MARKET: Bedford-Stuyvesant ASSET TYPE: Multifamily ~ SF: 93,648 ~ UNITS: 57 LENDER: Stephen Rosenberg - Greystone & Co. LANDLORD: Charles Dayan - Bonjour Capital LOAN AMOUNT: $29,500,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$29,500,000.00

Monthly NOI$196,666.67
Monthly Debt Service$186,460.07
Change in Cash Flow$0.00
Refinance Proceeds$0.00