Schwartz Capital Group Provides $1.6M Loan For Mixed-Use Property In Bedford Stuyvesant, Brooklyn
FINANCED
$1,600,000
New York
See Similar DealsMixed-use6,020 SF
Financed 12/13/2018
FINANCED
Schwartz Capital Group Provides $1.6M Loan For Mixed-Use Property In Bedford Stuyvesant, Brooklyn
243 Ralph Avenue, Brooklyn, NY 11233
See Similar DealsMixed-use6,020 SF
Financed 12/13/2018
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$265
Total Square Footage:6,020 SF
Transaction Type:Loan
Located at 241-243 Ralph Ave in the Bedford Stuyvesant neighborhood of Brooklyn, this mixed-use property recently underwent a closed transaction. The property, with an address in New York City, was part of a deal facilitated by Pinchus Schwartz of Schwartz Capital Group.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,600,000
- Market: Bedford Stuyvesant, Brooklyn
- Landlord: Wolf Brown
- Lender: Schwartz Capital Group (@schwartz_cap)
- Broker: Pinchus Schwartz - Schwartz Capital Group
Pinchus Schwartz of Schwartz Capital Group represented the parties involved in this closed property transaction. The loan amount for this deal was $1,600,000. The transaction took place on 12/13/2018.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,600,000.00
Monthly NOI$10,666.67
Monthly Debt Service$10,113.09
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions