Goldman Sachs Provides $50M Loan For Rabsky Group's Development Site In Fulton Ferry
FINANCED
$50,000,000
New York
See Similar DealsDevelopment Site41,150 SF
Financed 11/19/2019
FINANCED
Goldman Sachs Provides $50M Loan For Rabsky Group's Development Site In Fulton Ferry
69 Adams St, Brooklyn, NY 11201, USA
See Similar DealsDevelopment Site41,150 SF
Financed 11/19/2019
Summary
NEW YORK
Asset Type:Development Site
Price Per Square Foot:$1,215
Total Square Footage:41,150 SF
Transaction Type:Loan
The development site located at 69 Adams Street in Fulton Ferry has been involved in a closed transaction. The property, which is a development site, was sold for a loan amount of $50,000,000. The lender in this deal was Goldman Sachs, and the landlord was the Rabsky Group.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $50,000,000
- Lender: Goldman Sachs
- Landlord: Rabsky Group
In addition to the loan amount and the involved parties, no additional information has been provided about the property or the transaction.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$50,000,000.00
Monthly NOI$333,333.33
Monthly Debt Service$316,034.01
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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