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Navistone Development Secures $31.75 Million Refinance Loan From Andy Waldman For 32 India Street

Property Image
FINANCED
$31,750,000

New York

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Mixed-use46,000 SF
Financed 10/22/2025
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Property Image
FINANCED

Navistone Development Secures $31.75 Million Refinance Loan From Andy Waldman For 32 India Street

32 India Street

See Similar Deals
Mixed-use46,000 SF
Financed 10/22/2025
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$690
Total Square Footage:46,000 SF
Transaction Type:Loan

The property asset involved in this transaction is a mixed-use building located at 32 India Street in Brooklyn. The asset encompasses a total square footage of 46,000 and consists of 55 units, which include 53 residential and 2 commercial units.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $31,750,000
  • Loan Type: Refinance
  • Units: 55 (53 Residential & 2 Commercial)
  • Lender: Andy Waldman - 360 Capital Funding
  • Landlord: Navistone Development
  • Broker Representatives: Alex Dobosh & Andrew Pilchick - HKS Real Estate Advisors

This transaction highlights the involvement of key individuals such as Andy Waldman, who serves as the lender for the loan arrangement, and the landlord being Navistone Development. Additionally, brokers Alex Dobosh and Andrew Pilchick from HKS Real Estate Advisors represent the transaction, facilitating the refinancing process.

Players

Alex Dobosh
7 deals$128.7M volume
BROKER

Andrew Pilchick
HKS Real Estate Advisors
3 deals$114.7M volume(212) 254-1600
BROKER

HKS Real Estate Advisors
BROKERAGE

Details

FINANCED
IMAGE: Alex Dobosh, Andrew Pilchick & Andy Waldman DATE: 10/22/2025 ADDRESS: 32 India Street MARKET: Brooklyn ASSET TYPE: Mixed-use ~ SF: 46,000 ~ UNITS: 55 (53 Residential & 2 Commercial) LENDER: Andy Waldman - 360 Capital Funding LANDLORD: Navistone Development BROKERS: Alex Dobosh (@Alex_Dobosh) & Andrew Pilchick - HKS Real Estate Advisors (@HKSRealEstateAdvisors) LOAN AMOUNT: $31,750,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$31,750,000.00

Monthly NOI$211,666.67
Monthly Debt Service$200,681.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00