Updated Oct 28, 2024
Greystone Refinances Watertown Multifamily Property For $1.124M With Lender Brennan Weinstein
261 Ten Eyck Street, Watertown, New York 13601, United States
$1,124,000
$17/SF
Building Size
65,340 SF
Asset Type
MultiFamily
Closing
May 16, 2022
About this deal
AI
The multifamily property located at 120 & 134 Keyes and 261 Ten Eyck in Watertown has undergone a refinance transaction. This property spans over 65,340 square feet and consists of 25 units. The loan for this transaction was provided by greystone''>Greystone, with Brennan Weinstein representing the lender.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,124,000
- Lender: Greystone - Brennan Weinstein
- Loan Type: Refinance
In this refinance deal, the key individuals involved include Brennan Weinstein, who represents Greystone as the lender. This transaction allows for the property to secure a loan amount of $1,124,000 to support the ongoing operations and financial needs of the multifamily property.
Players
Watertown 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
14.11%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93