FINANCEDMixed-use
Skybrook Capital Provides $22.65M Loan For Mixed-Use Property On Manhattan Avenue, Greenpoint
419 Manhattan Avenue, Brooklyn, NY, USA
$22,650,000
$6,863/SF
Building Size
3,300 SF
Asset Type
Mixed-use
Closing
Jun 22, 2021
AI
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.
Players
New York 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
0.70%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93