Jason & David Bijur Secure $8M Loan For Windsor Terrace & Kensington Package Deal
3013 Fort Hamilton Pkwy, Brooklyn, NY 11218, USA
$8,040,000
$765/SF
Building Size
10,504 SF
Asset Type
Mixed-use
Closing
May 19, 2020
About this deal
AI
The package deal consisting of 3013-3015 Ft. Ham Pkwy, 2914 Ft. Ham Pkwy, 43 Dahill Rd, 59 Louisa St, and 398/420 McDonald Ave in Windsor Terrace and Kensington has been involved in a closed transaction. The loan for this property was provided by Spencer Savings Bank in the amount of $8,040,000. The property is owned by Jason & David Bijur.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $8,040,000
- Address: 3013-3015 Ft. Ham Pkwy, 2914 Ft. Ham Pkwy, 43 Dahill Rd, 59 Louisa St, 398/420 McDonald Ave
- Market: Windsor Terrace, Kensington
The broker involved in this deal is Eric Gleitman from Mercury Capital Markets. Their representation facilitated the transaction between the buyer and seller.
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
1.97%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93