Hirshmark Capital Provides $2M Loan For Multifamily Property At 146-10 35th Avenue In Queens
FINANCED
$2,000,000
New York
See Similar DealsMultiFamily25,000 SF
Financed 12/15/2020
FINANCED
Hirshmark Capital Provides $2M Loan For Multifamily Property At 146-10 35th Avenue In Queens
146-10 35th Avenue, Queens, NY, USA
See Similar DealsMultiFamily25,000 SF
Financed 12/15/2020
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$80
Total Square Footage:25,000 SF
Transaction Type:Loan
The multifamily property located at 146-10 35th Avenue in Queens has been involved in a recent loan transaction. The loan amount for this transaction is $2,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Lender: Hirshmark Capital
- Landlord: Steve Cheung
- Brokers: Igor Vaysberg - Hirshmark Capital, Joe Hach - Leviathan
The loan for this property was provided by Hirshmark Capital. The representatives involved in this deal were Igor Vaysberg from Hirshmark Capital and Joe Hach from Leviathan.
Players
BROKERAGE
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,000,000.00
Monthly NOI$13,333.33
Monthly Debt Service$12,641.36
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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