Azra Khaski Secures $1.1M Refinance Loan On Brooklyn Mixed-Use Property
FINANCED
$1,100,000
New York
See Similar DealsMixed-use4,700 SF
Financed 07/03/2024
FINANCED
Azra Khaski Secures $1.1M Refinance Loan On Brooklyn Mixed-Use Property
828 Flatbush Avenue
See Similar DealsMixed-use4,700 SF
Financed 07/03/2024
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$234
Total Square Footage:4,700 SF
Transaction Type:Loan
The property located at 828 Flatbush Avenue in Brooklyn is a mixed-use asset with a total square footage of 4,700. The loan for this property was secured with HAB Bank for a refinance type, amounting to $1,100,000. The landlord for this property is Azra Khaski with Morris Dweck from KSR acting as the broker.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,100,000
- Address: 828 Flatbush Avenue
- Market: Brooklyn
- Loan Type: Refinance
- Loan Terms: 5/30
- Lender: HAB Bank
- Landlord: Azra Khaski
- Broker: Morris Dweck - KSR
Morris Dweck of KSR played a key role as the broker in facilitating this refinance deal. The involvement of HAB Bank as the lender highlights the financial aspect of the transaction, ensuring the successful completion of the refinance loan with favorable terms.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,100,000.00
Monthly NOI$7,333.33
Monthly Debt Service$6,952.75
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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