Updated Dec 4, 2024
Stephanie Eisenberg Secures $16.5M Refinance Loan For 72 North 15th Street Industrial
72 North 15th Street
$16,500,000
$366/SF
Building Size
45,000 SF
Asset Type
Industrial
Closing
Mar 1, 2024
About this deal
AI
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.
On the Map
$16,500,000
$366/SF
Industrial
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Players
Brooklyn Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93