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Dwight Capital Finances Jeff Stuek Jr Green Street Group 34M Refinance 67-Unit Greenpoint Multifamily
FINANCED
$34,000,000
New York
See Similar DealsMultiFamily55,716 SF
Financed 07/25/2025
FINANCED
Dwight Capital Finances Jeff Stuek Jr Green Street Group 34M Refinance 67-Unit Greenpoint Multifamily
1036 Manhattan Avenue
See Similar DealsMultiFamily55,716 SF
Financed 07/25/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$610
Total Square Footage:55,716 SF
Transaction Type:Loan
The asset is a multifamily property comprising 67 residential units and 55,716 square feet of space, located at 1036 Manhattan Avenue in Greenpoint, Brooklyn.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $34,000,000
- Property Address: 1036 Manhattan Avenue
- Market: Greenpoint, Brooklyn
- Square Footage: 55,716
- Units: 67
- Lender: Dwight Capital
- Landlord: Jeff Stuek Jr - Green Street Group
Key figures behind the deal include Jeff Stuek Jr of Green Street Group as the landlord and Dwight Capital as the lender. The transaction occurred on 07/25/2025. The note indicates that Green Street Group refinanced the property, replacing $26,000,000 in prior debt.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$34,000,000.00
Monthly NOI$226,666.67
Monthly Debt Service$214,903.13
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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