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
About this deal
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.
On the Map
$3,200,000
$323/SF
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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