facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Loan

/

19-14 21st Street

Updated Dec 19, 2023

Trevian Capital Provides $6.45M Loan For Multifamily Property In Astoria
FINANCEDMultiFamily

Trevian Capital Provides $6.45M Loan For Multifamily Property In Astoria

19-14 21st Street

$6,450,000

Building Size

Asset Type

MultiFamily

Closing

Mar 30, 2021

About this deal

AI

19-14 21st Road, located in Astoria, has been involved in a recent closed transaction. The property, categorized as a Multifamily asset, has been the subject of a loan.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,450,000
  • Lender: Trevian Capital represented by Michael Hoffenberg & Charlie Zabriskie
  • Landlord: Aki Todic
  • Brokers: Sevenstone Capital

The key individuals and companies involved in the deal are as follows:

  • Trevian Capital, represented by Michael Hoffenberg & Charlie Zabriskie, acted as the lender in the transaction.
  • Aki Todic served as the landlord.
  • Sevenstone Capital played a role as the brokers in the deal.

Players

Trevian Capital
Trevian CapitalLender

Astoria MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Deal FAQ

Browse Astoria multifamily loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.46%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets