Namdar Group Secures $26.3 Million Refinance Loan From RWC Lending For Multifamily Asset In Great Neck
15 Bond Street
$26,300,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 2, 2026
AI
The property asset involved in this transaction is a multifamily building located at 15 Bond Street in Great Neck, NY. The loan amount for this refinancing is $26,300,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $26,300,000
- Lender: RWC Lending
- Landlord: Namdar Group
- Brokers: Satyam Patel & Zev Feder - Meridian Capital Group
- Loan Type: Refinance
- Date: 3/3/2026
The key individuals involved in this deal include Satyam Patel and Zev Feder, who represent the landlord, Namdar Group, through their agency Meridian Capital Group. They facilitated the refinancing transaction with RWC Lending.
Players
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
0.60%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93