Skybrook Capital Provides $22.65M Loan For Mixed-Use Property On Manhattan Avenue, Greenpoint
FINANCED
$22,650,000
New York
See Similar DealsMixed-use3,300 SF
Financed 06/23/2021
FINANCED
Skybrook Capital Provides $22.65M Loan For Mixed-Use Property On Manhattan Avenue, Greenpoint
419 Manhattan Avenue, Brooklyn, NY, USA
See Similar DealsMixed-use3,300 SF
Financed 06/23/2021
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$6,863
Total Square Footage:3,300 SF
Transaction Type:Loan
The mixed-use property located at 419 Manhattan Avenue in Greenpoint has been involved in a recent loan transaction. The loan amount for this transaction was $22,650,000.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $22,650,000
- Lender: Skybrook Capital
- Landlord: Hubert Nowakowski
- Address: 419 Manhattan Avenue
- Market: Greenpoint
Skybrook Capital provided the loan for this transaction. Hubert Nowakowski is the landlord of the property.
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$22,650,000.00
Monthly NOI$151,000.00
Monthly Debt Service$143,163.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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