Updated Dec 20, 2023
Equitas Capital Group Provides $1.6M Loan For Multifamily Property On Nassau St In Brooklyn
192 Nassau Street, New York, NY 10038
$1,600,000
$278/SF
Building Size
5,750 SF
Asset Type
MultiFamily
Closing
Dec 17, 2020
About this deal
AI
The multifamily property located at 192 Nassau St in Brooklyn recently closed in a loan transaction. The loan amount for this transaction was $1,600,000, with terms set at 18 months and interest only payments. The loan was secured to finance or refinance the commercial property or development.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Loan Terms: 18 months, interest only
- Address: 192 Nassau St
- Market: Brooklyn
The loan transaction was facilitated by Alex Leykind of Equitas Capital Group. With a commitment to delivering the highest level of service, Equitas Capital Group conducts themselves with integrity and creativity in advocating on behalf of their clients and represented lenders in the industry.
To learn more about financing or refinancing your commercial property or development, you can reach out to Equitas Capital Group at 646-637-7510
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93