Updated Jun 5, 2026
Daniel Kaykov & Val Katayev Of Poise Property Group Secure $16.2M Loan For Development Site
55 Eckford Street
$16,200,000
Building Size
—
Asset Type
Development Site
Closing
May 20, 2026
About this deal
AI
The asset involved in this transaction is a development site located at 55 Eckford Street in the Greenpoint market. The loan amount secured for this property is $16,200,000, specifically structured as a construction loan.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: $16,200,000
- Landlord: Daniel Kaykov & Val Katayev - Poise Property Group
- Loan Originator: Peter Cohen
- Broker: Leviathan Capital
This transaction is represented by Daniel Kaykov and Val Katayev of Poise Property Group, acting as the landlords. The financing aspect is facilitated by Peter Cohen, who serves as the loan originator. Additionally, the broker for this deal is Leviathan Capital.
On the Map
$16,200,000
Development Site
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Players
Brooklyn Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.98%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93