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3033 Coney Island Avenue

Eli Serebrowski & Meir Schlusselberg Of Arrow Real Estate Advisors Secure $12.81M Refinance Loan In Brooklyn
FINANCEDMixed-use

Eli Serebrowski & Meir Schlusselberg Of Arrow Real Estate Advisors Secure $12.81M Refinance Loan In Brooklyn

3033 Coney Island Avenue

$12,812,000

Building Size

Asset Type

Mixed-use

Closing

Sep 21, 2025

AI

The property asset involved in this transaction is a mixed-use building located at 3033 Coney Island Avenue in Brooklyn. The loan amount secured for this asset is $12,812,000, classified as a refinance. The transaction was facilitated through Fannie Mae as the lender.

Summary of transaction details:

The key individuals involved in this transaction are Eli Serebrowski and Meir Schlusselberg, who represent the landlord in this deal through their firm, Arrow Real Estate Advisors.

Players

Meir Schlusselberg

Arrow Real Estate Advisors

Broker

$511.7M

vol

27 deals

Broker
Arrow Real Estate Advisors
Arrow Real Estate AdvisorsBrokerage
Fannie Mae
Fannie MaeLender

Brooklyn 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

1.24%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93