Shawn Safdie Of S3 Capital Provides $6,150,000 Acquisition Loan For Land In Williamsburg
FINANCED
$6,150,000
New York
See Similar DealsDevelopment Site
Financed 04/26/2026
FINANCED
Shawn Safdie Of S3 Capital Provides $6,150,000 Acquisition Loan For Land In Williamsburg
Development Site
Financed 04/26/2026
Summary
Asset Type:Development Site
Transaction Type:Loan
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].
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,150,000.00
Monthly NOI$41,000.00
Monthly Debt Service$38,872.18
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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