MetLife Provides $143.1M Loan For Mixed-Use Property At 810 Fulton Street In Fort Greene, Brooklyn
FINANCED
$143,100,000
New York
See Similar DealsMixed-use320,419 SF
Financed 07/07/2021
FINANCED
MetLife Provides $143.1M Loan For Mixed-Use Property At 810 Fulton Street In Fort Greene, Brooklyn
810 Fulton Street, Fort Greene, Brooklyn, NY, USA
See Similar DealsMixed-use320,419 SF
Financed 07/07/2021
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$446
Total Square Footage:320,419 SF
Transaction Type:Loan
The property involved in the transaction is a mixed-use asset located at 810 Fulton Street in Fort Greene, Brooklyn. The transaction took place on 07/07/2021. The loan amount for this deal was $143,100,000. The property address is in a market known as Fort Greene in Brooklyn.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $143,100,000
- Address: 810 Fulton Street
- Market: Fort Greene, Brooklyn
The lender for this transaction was MetLife, and the landlord of the property is represented by @RXR_Realty.
Michael Maturo & Scott Rechler were key individuals involved in the deal. However, no additional information about their roles or affiliations was provided.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$143,100,000.00
Monthly NOI$954,000.00
Monthly Debt Service$904,489.34
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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