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102 Fleet Place

Dana Chryst Of The Jay Group Secures $300M Refinance For Multifamily Tower In Brooklyn
FINANCEDMultiFamily

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

Henry Bodek

Galaxy Capital

Broker

$12.3B

vol

69 deals

Broker
Affinius Capital
Affinius CapitalLender

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