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Ludovik Benedek Secures $7.9M Refinance From Bank Of Montreal For 822 Flatbush Avenue
FINANCED
$7,900,000
New York
See Similar DealsCondo23,502 SF
Financed 01/26/2026
FINANCED
Ludovik Benedek Secures $7.9M Refinance From Bank Of Montreal For 822 Flatbush Avenue
822 Flatbush Avenue
See Similar DealsCondo23,502 SF
Financed 01/26/2026
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$336
Total Square Footage:23,502 SF
Transaction Type:Loan
A retail condo located at 822 Flatbush Avenue in Flatbush, Brooklyn, with a total square footage of 23,502 has been involved in a loan transaction. The refinancing loan amount secured for this property is $7,900,000, which was finalized on January 26, 2026.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,900,000
- Market: Flatbush, Brooklyn
- Lender: Bank of Montreal
- Landlord: Ludovik Benedek
- Loan Type: Refinance
Ludovik Benedek, through Flatbush Equity Partners LLC, is the individual who secured the refinancing. This loan serves to cover two properties, including the retail condo at the specified address.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$7,900,000.00
Monthly NOI$52,666.67
Monthly Debt Service$49,933.37
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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