Dana Chryst Of The Jay Group Secures $300M Refinance For Multifamily Tower In Brooklyn
102 Fleet Place
$300,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 24, 2026
AI
The transaction involves a multifamily asset located at 102 Fleet Place in Downtown Brooklyn. The property is a 495-unit luxury multifamily tower. The loan amount secured for this asset is $300,000,000 through a refinance arrangement.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $300,000,000
- Lender: Perry Katz - Affinius Capital
- Landlord: Jay Group
- Broker: Galaxy Capital
The Jay Group, represented by Dana Chryst, was involved in securing the refinance from Affinius Capital, with Perry Katz facilitating the loan process. The brokerage services for this transaction were provided by Henry Bodek of Galaxy Capital.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.05%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93