Alex Leykind At Equitas Capital Group Arranges $7.2M Loan For Mixed-Use Property In Brooklyn
$7,200,000
$756/SF
Building Size
9,515 SF
Asset Type
Mixed-use
Closing
Jan 20, 2023
About this deal
AI
A mixed-use property located in Brooklyn has recently undergone a closed transaction. The property spans approximately 9,515 square feet and includes a combination of residential and commercial spaces.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $7,200,000
- Market: Brooklyn
- Broker: Alex Leykind - Equitas Capital Group
The loan secured for this transaction amounts to $7,200,000. It is a packaged deal that includes acquisition and rehab financing. The loan terms consist of an 18-month term with interest-only amortization.
Equitas Capital Group, represented by broker Alex Leykind, specializes in providing tailored financing solutions for commercial real estate. Their relationship-driven approach ensures that each client's unique needs and challenges are met. With an extensive network of lenders, Equitas Capital Group is able to secure the financing needed for their clients quickly and efficiently.
To learn more about Equitas Capital Group's commercial real estate financing services, you can email them at [email protected].
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
2.20%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93