Josh Goldstein Secures $430,000 Loan Refinancing For MultiFamily Asset In Saugerties
149 Serenity Drive
$430,000
$53/SF
Building Size
8,000 SF
Asset Type
MultiFamily
Closing
Apr 16, 2026
AI
The property involved in this transaction is a MultiFamily asset located at 149 Serenity Drive in Saugerties, with a total square footage of 8,000 and consisting of 3 units.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $430,000
- Loan Type: Refinance
- Loan Terms: Mid Construction Refinance
- Lender: TLOA Capital
- Landlord: Josh Goldstein
- Broker: Isaac Blyakher - Blyakher Real Estate
This transaction was facilitated by Isaac Blyakher, a representative from Blyakher Real Estate, demonstrating the firm's commitment to supporting property owners with refinancing options. The closing of this deal represents a strategic move for the landlord during the construction phase of the property.
Ruby 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
36.89%
Cash-on-Cash
-10.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93