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Yakup Imir Refinances $10M Loan For 77,000 SF Industrial Building In East New York
SOLD
New York
See Similar DealsSold 03/28/2023
SOLD
Yakup Imir Refinances $10M Loan For 77,000 SF Industrial Building In East New York
1138 Linwood Street
See Similar DealsSold 03/28/2023
Summary
NEW YORK
Transaction Type:Sale
Yakup Imir refinanced a $10 million loan for his 77,000-square-foot industrial building located at 1138 Linwood Street, East New York, Brooklyn. The property is situated in the East New York market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $10,000,000
- Address: 1138 Linwood Street
- Market: East New York
- Square Footage: 77,000
The loan was provided by Provident Bank, with Thomas Spencer representing the bank in the deal. Yakup Imir, the landlord of the property, sought to refinance the loan. It should be noted that the building generated $1.1 million in revenue in 2022.
Details
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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