BEB Capital Provides $2.6M Loan For Industrial Property In Flushing
FINANCED
$2,600,000
New York
See Similar DealsIndustrial8,000 SF
Financed 01/28/2021
FINANCED
BEB Capital Provides $2.6M Loan For Industrial Property In Flushing
162-20 77th Rd, Flushing, NY, USA
See Similar DealsIndustrial8,000 SF
Financed 01/28/2021
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$325
Total Square Footage:8,000 SF
Transaction Type:Loan
The industrial property located at 162-20 77th Rd in Flushing has been involved in a recent loan transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,600,000
The loan was provided by @BEBCapital, with Lee Brodsky, Keyvan Ghaytanchi, and Sean Silverbrook representing the lender.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,600,000.00
Monthly NOI$17,333.33
Monthly Debt Service$16,433.77
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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