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Mixed Use

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44 Rockaway Avenue

Ilya Muratov And Sam Muratov Secure $1.895M Refinance Loan From Jovia Financial Credit Union
FINANCEDMixed-use

Ilya Muratov And Sam Muratov Secure $1.895M Refinance Loan From Jovia Financial Credit Union

44 Rockaway Avenue

$1,895,000

$224/SF

Building Size

8,460 SF

Asset Type

Mixed-use

Closing

Apr 30, 2025

AI

The property involved in the transaction is a mixed-use asset located at 44 Rockaway Avenue in Brooklyn, with a total square footage of 8,460. The loan provided for this property amounts to $1,895,000 and is classified as a refinance loan.

Summary of transaction details:

Key individuals involved in this transaction include Ilya Muratov and Sam Muratov, who are the landlords for the property. The deal was facilitated by brokers Yoel Goldberg and Alex Jaffa, who represent the landlords in this transaction.

Players

Alex Jaffa

Eastern Union

Broker

$216M

vol

10 deals

Broker
N
N/ALandlord
N
N/ALandlord

Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.37%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93