Amant Foundation Acquires Mixed-Use Properties In East Williamsburg, Brooklyn For $22.6M
306 Maujer Street, Brooklyn, New York 11206, United States
$22,645,000
Building Size
—
Asset Type
Mixed-use
Closing
Aug 11, 2022
About this deal
AI
The recent closed property transaction in East Williamsburg, Brooklyn involved the mixed-use property located at 306 Maujer Street, 932 Grand Street, and 315 Maujer Street. The transaction took place on 11/08/2022.
Summary of transation details
- Property Type: Mixed-Use
- Transaction Amount: $22,645,000
- Address: 306 Maujer Street, 932 Grand Street, and 315 Maujer Street
- Market: East Williamsburg, Brooklyn
JPMorgan Chase acted as the lender in this transaction, providing a loan amount of $22,645,000. The landlord of the property is the Amant Foundation represented by James Bruce Flatt.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.70%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93