FINANCEDMixed-use
Sergey Rybak & Jason Reznik Of RYBAK Development Secure $61.5M Loan From MF1 Capital
271 Sea Breeze Avenue, Coney Island, Brooklyn, NY, USA & 271 Sea Breeze Avenue, Coney Island, Brooklyn, NY, USA
$61,500,000
Building Size
—
Asset Type
Mixed-use
Closing
Aug 11, 2021
AI
No summary available.
Players
MF1 CapitalLender
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
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93