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Williamsburg

Shawn Safdie Of S3 Capital Provides $6,150,000 Acquisition Loan For Land In Williamsburg
FINANCEDDevelopment Site

Shawn Safdie Of S3 Capital Provides $6,150,000 Acquisition Loan For Land In Williamsburg

$6,150,000

Building Size

Asset Type

Development Site

Closing

Apr 26, 2026

AI

The asset involved in this transaction is land located in Williamsburg, Brooklyn. The loan amount for its acquisition is $6,150,000, which supports future residential development plans for the site.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $6,150,000
  • Lender: Shawn Safdie - S3 Capital
  • Loan Type: Acquisition
  • Market: Williamsburg, Brooklyn
  • Note from Lender: Land acquisition for a future residential development.

Shawn Safdie represents S3 Capital, a prominent capital provider that finances multifamily transactions in various markets, particularly those exceeding $1 million. For further inquiries, interested parties can contact him directly at [email protected].

Players

Shawn Safdie

S3 Capital

Lender

$2B

vol

87 deals

Lender

Market 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

2.58%

Cash-on-Cash

-0.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93