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Bethpage Federal Credit Union Refinances Industrial Property On Wyckoff Avenue In Bushwick For $22.7M

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FINANCED
$22,700,000

New York

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Industrial38,770 SF
Financed 08/08/2022
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FINANCED

Bethpage Federal Credit Union Refinances Industrial Property On Wyckoff Avenue In Bushwick For $22.7M

49 Wyckoff Avenue, Brooklyn, New York 11237, United States

See Similar Deals
Industrial38,770 SF
Financed 08/08/2022
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$585
Total Square Footage:38,770 SF
Transaction Type:Loan

The industrial property located at 49 Wyckoff Avenue in Bushwick, with a size of approximately 38,770 square feet, has been involved in a refinancing loan transaction.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $22,700,000
  • Address: 49 Wyckoff Avenue
  • Market: Bushwick

The lender for this loan is bethpage''>Bethpage Federal Credit Union, and the landlord is Joel Schwartz.

Please note that no additional information is available regarding this transaction.

Players

LENDER

43 deals$450.9M volume
LANDLORD

43 deals$450.9M volume
LANDLORD

43 deals$450.9M volume
LANDLORD

Details

FINANCED
IMAGE: 08/08/2022 ADDRESS: 49 Wyckoff Avenue MARKET: Bushwick ASSET TYPE: Industrial ~ SF: 38,770 LENDER: Bethpage Federal Credit Union (@LoveBethpage) LANDLORD: Joel Schwartz LOAN AMOUNT: $22,700,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$22,700,000.00

Monthly NOI$151,333.33
Monthly Debt Service$143,479.44
Change in Cash Flow$0.00
Refinance Proceeds$0.00