Equitas Capital Group Finances $6M Mixed-Use Property In Staten Island
3865 Amboy Road, Staten Island, New York 10308, United States
$6,000,000
$252/SF
Building Size
23,751 SF
Asset Type
Mixed-use
Closing
May 24, 2022
About this deal
AI
Located at 3865 Amboy Road in Staten Island, this closed property transaction involved a mixed-use asset with a total square footage of 23,751. The deal was facilitated by Equitas Capital Group, represented by brokers Alex Leykind and Natallia Staravoitava.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $6,000,000
- Loan Type: Construction
- Loan Terms: Rate: 5%, Term: 24 months
Equitas Capital Group, a relationship-driven firm specializing in commercial real estate financing, provided a $6,000,000 construction loan for this transaction. With a competitive interest rate of 5% and a term of 24 months, the loan offered tailored financing solutions to meet the needs of the client.
To learn more about Equitas Capital Group and how they can assist you with your commercial property financing, contact them at 646-637-7510 or [email protected].
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Visit Alex Leykind to view all their deals.
Browse New York mixed use loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93