Ravinder Chopra Yuvraj Chopra And Kuwar Chopra Of STI Consultants Refinance Industrial Property In Brooklyn For $13.2M
1150 Metropolitan Avenue
$13,200,000
$157/SF
Building Size
83,600 SF
Asset Type
Industrial
Closing
Sep 25, 2025
AI
The property asset involved in this transaction is located at 1150 Metropolitan Avenue in Brooklyn. It is classified as an industrial asset, encompassing a total square footage of 83,600. The loan amount secured for this property is $13,200,000 with a refinancing structure over a term of 5 years.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $13,200,000
- Loan Type: Refinance
- Loan Terms: 5 years
- Landlord: Peng Guang Weng
- Date of Transaction: 9/26/2025
- Brokers Involved: Yuvraj Chopra, Kuwar Chopra & Ravinder Chopra - STI Consultants
Ravi Chopra, Yuvraj Chopra, and Kuwar Chopra, all representing STI Consultants, were instrumental in facilitating the refinancing of the property. STI Consultants is acknowledged for its expertise in commercial finance, particularly in structured lending solutions tailored for a diverse range of properties across the United States.
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
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93