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Stephanie Eisenberg Secures $16.5M Refinance Loan For 72 North 15th Street Industrial

Property Image
FINANCED
$16,500,000

New York

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Industrial45,000 SF
Financed 03/01/2024
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FINANCED

Stephanie Eisenberg Secures $16.5M Refinance Loan For 72 North 15th Street Industrial

72 North 15th Street

See Similar Deals
Industrial45,000 SF
Financed 03/01/2024
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$366
Total Square Footage:45,000 SF
Transaction Type:Loan

The industrial building located at 72 North 15th Street in Williamsburg, Brooklyn, spanning 45,000 square feet, was the subject of a $16.5 million refinance loan provided by Dalan Real Estate. The loan was secured by Stephanie Eisenberg of Nash Metalware, represented by 72 North 15th Street Owner LLC.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $16,500,000
  • Address: 72 North 15th Street
  • Market: Williamsburg, Brooklyn
  • Lender: Ayush Kapahi - Dalan Real Estate
  • Landlord: Stephanie Eisenberg - Nash Metalware

The refinance loan for the industrial property at 72 North 15th Street in Williamsburg was facilitated by Ayush Kapahi from Dalan Real Estate, operating as DC N 15th Lender LLC. Stephanie Eisenberg, the landlord of Nash Metalware, was represented by 72 North 15th Street Owner LLC in securing the loan.

Players

Dalan Management
Dalan Management
LENDER

Details

FINANCED
IMAGE: 03/01/2024 ADDRESS: 72 North 15th Street MARKET: Williamsburg, Brooklyn ASSET TYPE: Industrial ~ SF: 45,000 LENDER: Ayush Kapahi (@NicksKapahi) - Dalan Real Estate LANDLORD: Stephanie Eisenberg - Nash Metalware LOAN AMOUNT: $16,500,000 LOAN TYPE: Refinance NOTE: Stephanie Eisenberg of Nash Metalware, represented by 72 North 15th Street Owner LLC, secured a refinance loan worth $16.5 million from Dalan Real Estate, operating as DC N 15th Lender LLC, for the industrial building at 72 North 15th Street in Williamsburg, Brooklyn.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$16,500,000.00

Monthly NOI$110,000.00
Monthly Debt Service$104,291.22
Change in Cash Flow$0.00
Refinance Proceeds$0.00