facebook
Traded Co logo
Submit

Zach Waldman & David Saferstein Of Titan Capital Provides $6 Million Construction Loan In Bridgehampton

Property Image
FINANCED
$6,000,000

New York

See Similar Deals
Development Site11,000 SF
Financed 01/01/2025
the dealplayerscompscontact
Property Image
FINANCED

Zach Waldman & David Saferstein Of Titan Capital Provides $6 Million Construction Loan In Bridgehampton

Development Site11,000 SF
Financed 01/01/2025
Contact now

Summary

Asset Type:Development Site
Price Per Square Foot:$545
Total Square Footage:11,000 SF
Transaction Type:Loan

The property involved is a development site located South of the Highway in Bridgehampton within The Hamptons market. The asset size is approximately 9,500 square feet with a total buildable square footage of 11,000 square feet. The transaction includes a construction loan valued at $6,000,000.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $6,000,000
  • Loan Type: Construction
  • Loan Terms: 24 Month Construction Loan
  • Location: South of the Highway in Bridgehampton
  • Market: The Hamptons
  • Asset Size: 9,500 SF
  • Total Buildable Size: 11,000 SF
  • Lender: Zach Waldman & David Saferstein - Titan Capital

Zach Waldman and David Saferstein, representing Titan Capital, provided the construction loan that enables the sponsor to proceed with building a luxury single-family residence featuring 9 bedrooms, a fully finished basement, a heated gunite pool, a tennis court, and an additional pool house.

Players

Zach Waldman
8 deals$50.8M volume(212) 888-0004
BROKER

Titan Capital
LENDER

Details

FINANCED
IMAGE: Zach Waldman & David Saferstein DATE: 01/01/2025 ADDRESS: South of the Highway in Bridgehampton MARKET: The Hamptons ASSET TYPE: Development Site ~ BSF: 9,500 ~ SF: 11,000 LENDER: Zach Waldman & David Saferstein - Titan Capital (@Titan_Capital__NYC) LOAN AMOUNT: $6,000,000 LOAN TYPE: Construction LOAN TERMS: 24 Month Construction Loan NOTE FROM LENDER: Titan Capital's loan will allow the sponsor to build a 9,500 SF luxury single family residence in Bridgehampton. The home will feature 9 bedrooms, a fully finished basement, a heated gunite pool, a tennis court, and an additional pool house. Please email [email protected] for any new deals!

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
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