Equitas Capital Group Arranges $1.825M Package Deal Loan For Brooklyn Property At 103 Quentin Road
103 Quentin Road, Brooklyn, NY, USA
$1,825,000
$1,216/SF
Building Size
1,500 SF
Asset Type
Mixed-use
Closing
Aug 12, 2021
AI
Equitas Capital Group, represented by brokers Alex Leykind and Michael Tsyngauz, successfully closed a loan for a package deal in Brooklyn. The property, located at 103 Quentin Road, was financed for a loan amount of $1,825,000.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $1,825,000
- Address: 103 Quentin Road, Brooklyn
Equitas Capital Group, known for its tailor-made solutions in Commercial Real Estate Financing, understands the unique needs and challenges of its clients. They approached the loan from an individual perspective, investing time and resources to ensure a successful outcome.
For more information on how Equitas Capital Group can assist you in financing your next commercial property, please contact them at 646-637-7510.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.69%
Cash-on-Cash
-2.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93