G4 Capital Partners Provides $10M Loan For Office Property At 81 Beaver Street In Brooklyn
81 Beaver Street, Brooklyn, NY, USA
$10,000,000
$232/SF
Building Size
43,000 SF
Asset Type
Mixed-use
Closing
Dec 20, 2020
About this deal
AI
An office property located at 81 Beaver Street in Brooklyn was involved in a closed transaction. The loan for the property was provided by G4 Capital Partners, with Jason Behfarin, Robyn Sorid, and Robert Palumbo as the lenders. The loan amount was $10,000,000. The landlord of the property is Rivington Company, represented by Travis Stabler, and Macarthur Holdings, represented by David Katz. The broker for the transaction was Jonathan More from Mission Capital.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $10,000,000
The individuals and companies involved in this deal include G4 Capital Partners, Rivington Company, Macarthur Holdings, and Mission Capital. Jason Behfarin, Robyn Sorid, and Robert Palumbo represented G4 Capital Partners as lenders. Travis Stabler represented Rivington Company, and David Katz represented Macarthur Holdings. Jonathan More from Mission Capital served as the broker for the transaction.
On the Map
$10,000,000
$232/SF
Mixed-use
View full map
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Visit Steven Buchwald 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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93