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Chaim Simkowitz Of Guardian Realty Management Secures $6M Acquisition Loan From Broadview Capital In Brooklyn

Property Image
FINANCED
$6,000,000

New York

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Development Site3,396 SF
Financed 01/14/2026
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Property Image
FINANCED

Chaim Simkowitz Of Guardian Realty Management Secures $6M Acquisition Loan From Broadview Capital In Brooklyn

1457 53rd Street

See Similar Deals
Development Site3,396 SF
Financed 01/14/2026
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$1,766
Total Square Footage:3,396 SF
Transaction Type:Loan

The assets involved in this transaction are development sites located at 1457 and 1461 53rd Street in Borough Park, Brooklyn. The total building square footage is 3,396, and the development site encompasses a total of 21,298 buildable square feet. The loan amount for this acquisition is $6,000,000.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $6,000,000
  • Address: 1461 53rd Street & 1457 53rd Street
  • Market: Borough Park, Brooklyn
  • Lender: Broadview Capital
  • Landlord: Chaim Simkowitz - Guardian Realty Management
  • Loan Type: Acquisition

Guardian Realty Management, through Center BP 2 LLC, participated in securing the acquisition loan from Broadview Capital specifically for the development site situated at the mentioned addresses in Brooklyn.

Players

Broadview Capital
Broadview Capital
LENDER

Details

FINANCED
IMAGE: Chaim Simkowitz DATE: 01/14/2026 ADDRESS: 1461 53rd Street & 1457 53rd Street MARKET: Borough Park, Brooklyn ASSET TYPE: Development Site ~ BSF: 21,298 ~ SF: 3,396 LENDER: Broadview Capital LANDLORD: Chaim Simkowitz - Guardian Realty Management LOAN AMOUNT: $6,000,000 LOAN TYPE: Acquisition NOTE: Guardian Realty Management, through Center BP 2 LLC, secured a $6M acquisition loan from Broadview Capital for a development site at 1457–1461 53rd Street in Borough Park, Brooklyn.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$6,000,000.00

Monthly NOI$40,000.00
Monthly Debt Service$37,924.08
Change in Cash Flow$0.00
Refinance Proceeds$0.00