F2H Capital Group Secures $4.9M Construction Loan In Greenwich Village, Manhattan
43 West 8th Street
$4,900,000
Building Size
—
Asset Type
Mixed-use
Closing
Mar 26, 2024
AI
In the heart of Greenwich Village, Manhattan, a mixed-use property located at 43 West 8th Street has recently secured a $4,900,000 construction loan. The property is owned by Kings Capital, represented by Jeffrey Znaty, George Giannopoulos, and Thomas Giannopoulos. The loan was facilitated by debt advisors Farrukh Hasanov and Farkhad Hasanov of F2H Capital Group.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $4,900,000
- Address: 43 West 8th Street
- Market: Greenwich Village, Manhattan
- Landlord: Kings Capital - Jeffrey Znaty, George Giannopoulos, & Thomas Giannopoulos
- Brokers: Farrukh Hasanov & Farkhad Hasanov - F2H Capital Group
The F2H Capital Group serves as debt advisors for real estate investors across the country, specializing in providing innovative financing solutions for commercial real estate transactions. For individuals seeking assistance with acquisitions, refinancing, or recapitalization, Farrukh Hasanov can be contacted at 917-679-7995 or [email protected], while Farkhad Hasanov can be reached at 917-679-8680 or [email protected].
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
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93