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2929 Atlantic Avenue

Erez Britt & Haim Dadi Of Golden Bridge Funding Provide $24 Million Loan For 2929 Atlantic Avenue
FINANCEDCommercial

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:

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

Isaac Weiss

Citadel Cladding

Broker

$24M

vol

1 deal

Broker
Erez Britt

Erez Britt

Golden Bridge Funding

Lender

$126M

vol

12 deals

Lender

Shawn Brintauch

Landlord

$24M

vol

1 deal

Landlord

Brooklyn Commercial Market Snapshot

Boundary boundary · Commercial · Loan transactions

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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