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Shawn Safdie Of S3 Capital Provides $2,725,000 Loan For Brooklyn Land Acquisition
FINANCEDLand

Shawn Safdie Of S3 Capital Provides $2,725,000 Loan For Brooklyn Land Acquisition

$2,725,000

$201/SF

Building Size

13,500 SF

Asset Type

Land

Closing

Jun 30, 2026

AI

The property involved in this transaction is a land asset located in Brooklyn, with a total square footage of 13,500. The loan amount secured for this acquisition is $2,725,000, which is earmarked for a future residential renovation.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $2,725,000
  • Market: Brooklyn
  • Lender: Shawn Safdie - S3 Capital
  • Loan Type: Acquisition
  • Asset Size: 13,500 SF
  • Note from Lender: Land acquisition for a future residential renovation.

Shawn Safdie from S3 Capital serves as the lender providing the financing for this acquisition. S3 Capital specializes in financing multifamily transactions across various markets, emphasizing loan opportunities exceeding $1 million.

Players

Shawn Safdie

S3 Capital

Lender

$2B

vol

89 deals

Lender

Market Land Market Snapshot

Boundary boundary · Land · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.82%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93