Updated Nov 17, 2023
Golden Bridge Funding Refinances Multifamily Property At 19 Hausman Street In Greenpoint, Brooklyn For $10M
19 Hausman Street, Brooklyn, New York 11222, United States
$10,000,000
$714,285/SF
Building Size
14 SF
Asset Type
MultiFamily
Closing
Sep 12, 2022
About this deal
AI
The multifamily property located at 19 Hausman Street in Greenpoint, Brooklyn has recently undergone a refinance transaction. With a total of 15 units and a size of 14,131 square feet, this property offers a great investment opportunity.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $10,000,000
- Address: 19 Hausman Street, Greenpoint, Brooklyn
- Market: Greenpoint, Brooklyn
- Units: 15
- Square Footage: 14,131
- Lender: Golden Bridge Funding - Xiumei Dong
- Landlord: Yitzhak Assyag
- Loan Type: Refinance
The financing for this transaction was provided by Golden Bridge Funding, represented by Xiumei Dong. The landlord, Yitzhak Assyag, made the decision to refinance the property, indicating a strategic move to optimize the property's financial position.
Players
Brooklyn 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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93