FINANCEDMixed-use
Kaj Family Secures $2,250,000 Loan From Michael Tsor Of Broadview Funding For Mixed-Use Property
2017 Fulton Street & 482 Halsey Street
$2,250,000
Building Size
—
Asset Type
Mixed-use
Closing
Jun 7, 2026
About this deal
AI
The property involved in this transaction is a mixed-use asset located at 2017 Fulton Street & 482 Halsey Street in Brooklyn. The acquisition loan amount is $2,250,000, and it features a 30-year DSCR loan type.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,250,000
- Lender: Michael Tsor - Broadview Funding
- Landlord: Kaj Family
- Loan Terms: 30 year DSCR
Michael Tsor, representing Broadview Funding, is a lender that specializes in construction, bridge, and DSCR loans across the Tri-State area and Florida, with funding capabilities up to $30 million. He can be reached at [email protected] or via phone at 516-344-7942 for inquiries regarding deals or additional questions.
On the Map
$2,250,000
Mixed-use
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Players
Market 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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93