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Ridgewood Savings Bank Provides $765,000 Loan For Industrial Property In Sunset Park, Brooklyn

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FINANCED
$765,000

New York

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Industrial14,033 SF
Financed 10/10/2020
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FINANCED

Ridgewood Savings Bank Provides $765,000 Loan For Industrial Property In Sunset Park, Brooklyn

4801 2nd Avenue, Brooklyn, NY 11232

See Similar Deals
Industrial14,033 SF
Financed 10/10/2020
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$54
Total Square Footage:14,033 SF
Transaction Type:Loan

The industrial property located at 4801 2nd Avenue in Sunset Park, Brooklyn, was involved in a recent transaction. The property has a market value and zoning categorized as M1-2D. The loan for this transaction was provided by Ridgewood Savings Bank, with a total amount of $765,000. The landlord of the property is Jay Eisen. The broker representing the deal is Christopher J. Calabrese from the company heCSOrganization.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $765,000
  • Address: 4801 2nd Avenue, Sunset Park, Brooklyn
  • Market: Sunset Park, Brooklyn
  • Loan: Ridgewood Savings Bank
  • Landlord: Jay Eisen
  • Broker: Christopher J. Calabrese - heCSOrganization
  • Asset Type: Industrial
  • Zoning: M1-2D

In addition to the above information, the property has a building square footage (BSF) of 28,066 and a lot size of 140.33 ft x 100 ft.

Players

Christopher J. Calabrese
17 deals$24.6M volume(718) 612-4699
BROKER

Details

FINANCED
IMAGE: @ChristopherJCalabrese DATE: 10/10/2020 ADDRESS: 4801 2nd Avenue MARKET: Sunset Park, Brooklyn ASSET TYPE: Industrial ~ ZONING: M1-2D LENDER: Ridgewood Savings Bank LANDLORD: Jay Eisen BROKER: Christopher J. Calabrese - @TheCSOrganization LOAN AMOUNT: $765,000 BSF: 28,066 SF: 14,033 LOT SIZE: 140.33 ft x 100 ft

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$765,000.00

Monthly NOI$5,100.00
Monthly Debt Service$4,835.32
Change in Cash Flow$0.00
Refinance Proceeds$0.00