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115 Stanwix St, Brooklyn, N...

All Year Management Refinances Bushwick Property For $165M
FINANCEDMixed-use

All Year Management Refinances Bushwick Property For $165M

115 Stanwix St, Brooklyn, NY 11206, USA

$165,000,000

$1,716/SF

Building Size

96,140 SF

Asset Type

Mixed-use

Closing

Nov 28, 2020

AI

The property at 115 Stanwix Street in Bushwick, Brooklyn, NY was recently involved in a refinance transaction. The property is a mixed-use asset and belongs to Yoel Goldman’s All Year Management. The deal was facilitated by brokers Rafi Lipa and Gal Amit of Victory Consulting. The refinance amount secured for the property was $165 million at a 3% interest rate on the Israeli Bond Market.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $165 million
  • Address: 115 Stanwix Street, Bushwick, Brooklyn, NY
  • Landlord: Yoel Goldman’s All Year Management
  • Brokers: Rafi Lipa and Gal Amit of Victory Consulting

The refinance transaction for 115 Stanwix Street was successful, thanks to the efforts of brokers Rafi Lipa and Gal Amit from Victory Consulting. Yoel Goldman’s All Year Management, the landlord of the property, managed to secure the funds at a favorable 3% interest rate on the Israeli Bond Market. The refinance will provide financial stability and growth opportunities for the mixed-use asset.

Players

Rafi Lipa

Broker

1 deal

Broker

Yoel Goldman

All Year Management

Landlord

$473.8M

vol

8 deals

Landlord

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

0.10%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93