Harborview Capital Partners & First American Capital Group Refinances Multifamily Property In Bayside, Queens For $4.55M
FINANCED
$4,550,000
New York
See Similar DealsMultiFamily24,140 SF
Financed 12/28/2021
FINANCED
Harborview Capital Partners & First American Capital Group Refinances Multifamily Property In Bayside, Queens For $4.55M
39th Avenue, Queens, New York 11358, United States
See Similar DealsMultiFamily24,140 SF
Financed 12/28/2021
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$188
Total Square Footage:24,140 SF
Transaction Type:Loan
Located at 20802 39th Ave. in Bayside, Queens, is a multifamily property comprising 26 units. The total square footage of the property is 24,140. The market value of this asset is not specified in the provided information. The transaction took place on December 28, 2021, and the loan amount for this deal was $4,550,000. The loan type was a refinance, specifically a HUD 223(A)(7) refinance. Yucel Adebali is the landlord of this property.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,550,000
- Square Footage: 24,140
- Units: 26
- Market: Bayside, Queens
Dean Ofer, representing First American Capital Group and Harborview Capital Partners, played a role as the lender in this deal. If you are interested in learning more about HUD, Agency, or Bridge financing, you can reach out to Dean Ofer at 646-733-8520 or via email at [email protected].
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$4,550,000.00
Monthly NOI$30,333.33
Monthly Debt Service$28,759.10
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions