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Jake Lapidot Secures $3.85M Refinance Loan For Multifamily Property On 163 Roebling Street In New York City

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FINANCED
$3,850,000

New York

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MultiFamily5,900 SF
Financed 06/15/2023
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FINANCED

Jake Lapidot Secures $3.85M Refinance Loan For Multifamily Property On 163 Roebling Street In New York City

163 Roebling St Brooklyn, NY 11211, USA

See Similar Deals
MultiFamily5,900 SF
Financed 06/15/2023
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$652
Total Square Footage:5,900 SF
Transaction Type:Loan

The recently closed property transaction in New York City involved a multifamily asset located at 163 Roebling Street. This property spans approximately 5,900 square feet and consists of 6 units. The transaction was brokered by Jake Lapidot from Cooper Horowitz.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,850,000
  • Loan Type: Refinance

This refinance deal was secured for a loan amount of $3,850,000. The loan was facilitated by Jake Lapidot from Cooper Horowitz. The transaction aimed to provide refinancing options for the multifamily property located at 163 Roebling Street in New York City.

Players

Jake Lapidot
19 deals$298.5M volume
BROKER

Details

FINANCED
IMAGE: Jake Lapidot DATE: 06/15/2023 ADDRESS: 163 Roebling Street MARKET: New York City ASSET TYPE: Multifamily ~ SF: 5,900 ~ UNITS: 6 BROKER: Jake Lapidot (@JakeLapidot18) - Cooper Horowitz (@CooperHorowitz) LOAN AMOUNT: $3,850,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,850,000.00

Monthly NOI$25,666.67
Monthly Debt Service$24,334.62
Change in Cash Flow$0.00
Refinance Proceeds$0.00