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
$3,850,000
$652/SF
Building Size
5,900 SF
Asset Type
MultiFamily
Closing
Jun 15, 2023
AI
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.
New York 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
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93