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56 N 9th St, Brooklyn, NY 1...

Updated May 14, 2026

Bilt advertisement
JPMorgan Asset Management Provides $41M Loan For Mixed-Use Property In Williamsburg
FINANCEDMixed-use

JPMorgan Asset Management Provides $41M Loan For Mixed-Use Property In Williamsburg

56 N 9th St, Brooklyn, NY 11249, USA

$41,000,000

$410/SF

Building Size

100,000 SF

Asset Type

Mixed-use

Closing

Oct 8, 2020

About this deal

AI

No summary available.

The mixed use loan at 56 N 9th St, Brooklyn, NY 11249, USA in New York, New York financed for $41M in 2020. The building is 100,000 square feet, implying about 410 per square foot on the published price. Tal Bar-or, Michael Weitzman, Jay Weitzman, Lantern Real Estate appear on the loan alongside Lantern Real Estate. This page is the New York, New York file for the 56 N 9th St, Brooklyn, NY 11249, USA mixed use financed: pricing, party profiles, and other closed mixed use comps from the same New York sit in the Market section below. Filter that New York mixed use set by closing date to see what else financed near 56 N 9th St, Brooklyn, NY 11249, USA around 2020. Published consideration for 56 N 9th St, Brooklyn, NY 11249, USA is $41M, dated 2020. Cite this JPMorgan Asset Management Provides $41M Loan For Mixed-Use Property In Williamsburg loan when underwriting similar mixed use product around New York, New York.

Players

Tal Bar-or

Lantern Real Estate

Broker

$719M

vol

10 deals

Broker

Michael Weitzman

Double U Realty

Landlord

$218.1M

vol

12 deals

Landlord

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Deal FAQ

About $410 per square foot on a published $41M for 100,000 square feet (2020).

Visit Tal Bar-or 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

0.39%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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