Erez Britt & Haim Dadi Of Golden Bridge Funding Provide $24 Million Loan For 2929 Atlantic Avenue
2929 Atlantic Avenue
$24,000,000
Building Size
—
Asset Type
Commercial
Closing
Jul 16, 2026
AI
The property asset involved in this transaction is located at 2929 Atlantic Avenue in Brooklyn. It is classified as a commercial asset and involved a construction loan amount of $24,000,000.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $24,000,000
- Lender: Erez Britt & Haim Dadi - Golden Bridge Funding
- Landlord: Shawn Brintauch
- Landlord's Representative: Isaac Weiss & Devorah Lipschitz - Landstone Capital Group
- Loan Type: Construction
The deal involved notable individuals such as Erez Britt and Haim Dadi representing the lending side with Golden Bridge Funding. Shawn Brintauch acted as the landlord in this transaction, while the representation for the landlord was provided by Isaac Weiss and Devorah Lipschitz from Landstone Capital Group. Golden Bridge Funding is recognized for offering flexible and solutions-driven financing across various real estate asset types nationwide.
Players
Brooklyn Commercial Market Snapshot
Boundary boundary · Commercial · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93