facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Loan

/

104 Fort Greene Place

Dean Street Ventures Secures $6.88 Million Loan From Derby Copeland For Brooklyn Multifamily Acquisition
FINANCEDMultiFamily

Dean Street Ventures Secures $6.88 Million Loan From Derby Copeland For Brooklyn Multifamily Acquisition

104 Fort Greene Place, 112 Fort Greene Place & 1094 Dean Street

$6,888,000

Building Size

Asset Type

MultiFamily

Closing

Aug 26, 2025

AI

The transaction involves a multifamily asset located at 104 Fort Greene Place, 112 Fort Greene Place, and 1094 Dean Street in Brooklyn. The acquisition loan amount is $6,888,000, facilitated by Derby Copeland as the lender.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,888,000
  • Lender: Derby Copeland
  • Landlord: Dean Street Ventures, Fund 1 – Jeremy Sedrish, Ian Miller, & David Lloyd
  • Brokers: Michael Lee, Ayush Kapahi & Jacob Kaufman - HKS Real Estate Advisors
  • Date of Transaction: 8/26/2025

The deal involves key individuals such as Jeremy Sedrish, Ian Miller, and David Lloyd representing the landlord. Brokers Michael Lee, Ayush Kapahi, and Jacob Kaufman from HKS Real Estate Advisors facilitated the transaction, ensuring a smooth acquisition process for the multifamily asset.

Players

Ayush Kapahi

HKS Real Estate Advisors

Broker

$809.3M

vol

8 deals

Broker
HKS Real Estate Advisors
HKS Real Estate AdvisorsBrokerage

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.30%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93