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
$143,100,000
$446/SF
Building Size
320,419 SF
Asset Type
Mixed-use
Closing
Jul 6, 2021
About this deal
AI
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.
On the Map
$143,100,000
$446/SF
Mixed-use
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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
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93