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
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.
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