Updated Nov 29, 2023
We Lend Refinances Multifamily Property In Prospect Heights, Brooklyn, NY For $1.86M
$1,860,000
$582/SF
Building Size
3,193 SF
Asset Type
MultiFamily
Closing
Nov 9, 2022
About this deal
AI
A multifamily property in Prospect Heights, Brooklyn, NY has recently undergone a refinancing transaction. The property spans approximately 3,193 square feet.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,860,000
We Lend, a lending company, facilitated the refinance. Ruben Izgelov, Moses Suleymanov, and Solomon Suleymanov from We Lend were involved in the transaction as the lenders.
If you have any deals that require financing, you can contact We Lend today at (212) 777-7780 or email them at [email protected].
We Lend Refinances Multifamily Property In Prospect Heights, Brooklyn, NY For $1.86M is logged as a multifamily loan on Traded (2022). The building is 3,193 square feet, implying about 582 per square foot on the published price. This page is the market file for the We Lend Refinances Multifamily Property In Prospect Heights, Brooklyn, NY For $1.86M multifamily financed: pricing, party profiles, and other closed multifamily comps from the same area sit in the Market section below. Cite this We Lend Refinances Multifamily Property In Prospect Heights, Brooklyn, NY For $1.86M loan when underwriting similar multifamily product.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.53%
Cash-on-Cash
-2.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93