Updated Nov 3, 2025
Webster Bank Provides $33.84M Loan For 6201 15th Avenue Medical Office Acquisition In Brooklyn
6201 15th Avenue
$33,840,000
$234/SF
Building Size
144,263 SF
Asset Type
Medical Office
Closing
Oct 28, 2025
About this deal
AI
The transaction involved a 144,263-square-foot medical office building located at 6201 15th Avenue in Borough Park, Brooklyn. The acquisition was completed for a total price of $42.3 million, supported by a loan amounting to $33,840,000 obtained from Webster Bank.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $42,300,000
- Loan Amount: $33,840,000
- Lender: Webster Bank
- Date: 10/28/2025
- Brokers: Alex Jaffa & Ben Halpern - Eastern Union
Eastern Union played a crucial role by arranging the financing for the acquisition, demonstrating their involvement in facilitating the loan process between the borrower and the lender in this transaction.
On the Map
$33,840,000
$234/SF
Medical Office
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Players
Brooklyn Medical Office Market Snapshot
Boundary boundary · Medical Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.47%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93