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145 Huntington Street, Carr...

Hirshmark Capital Provides $3.2M Condo Inventory Loan In Carroll Gardens
FINANCED

Hirshmark Capital Provides $3.2M Condo Inventory Loan In Carroll Gardens

145 Huntington Street, Carroll Gardens, Brooklyn, NY, USA

$3,200,000

$323/SF

Building Size

9,900 SF

Asset Type

Closing

Jul 30, 2020

AI

A residential condo at 145 Huntington St. in Carroll Gardens has been involved in a recent transaction. The property, owned by Arlene Waye, was the subject of a loan provided by Hirshmark Capital. The loan amount for this transaction was $3,200,000, and it was classified as a Condo Inventory Loan.

Summary of transaction details:

  • Property Type: Residential Condos
  • Transaction Amount: $3,200,000
  • Address: 145 Huntington St.
  • Market: Carroll Gardens
  • Lender: @HirshmarkCapital
  • Landlord: Arlene Waye
  • Brokers: Jake Soodek & Igor Vaysberg - Hirshmark Capital

The loan provided by Hirshmark Capital was secured for the residential condo owned by Arlene Waye at 145 Huntington St. Jake Soodek and Igor Vaysberg, representing Hirshmark Capital, facilitated the deal as brokers.

Players

Igor Vaysberg

Broker

$75.3M

vol

11 deals

Broker
Hirshmark Capital
Hirshmark CapitalLender

Arlene Waye

Landlord

$10.7M

vol

2 deals

Landlord

New York CRE Market Snapshot

Boundary boundary · CRE · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93