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Webster Bank Provides $33.84M Loan For 6201 15th Avenue Medical Office Acquisition In Brooklyn
FINANCED
$33,840,000
New York
See Similar DealsMedical Office144,263 SF
Financed 10/28/2025
FINANCED
Webster Bank Provides $33.84M Loan For 6201 15th Avenue Medical Office Acquisition In Brooklyn
6201 15th Avenue
See Similar DealsMedical Office144,263 SF
Financed 10/28/2025
Summary
NEW YORK
Asset Type:Medical Office
Price Per Square Foot:$234
Total Square Footage:144,263 SF
Transaction Type:Loan
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.
Players
BROKERAGE
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$33,840,000.00
Monthly NOI$225,600.00
Monthly Debt Service$213,891.82
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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