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225 Schermerhorn St, Brookl...

Updated Oct 12, 2026

PGGM Secures Loan From Capital One For MultiFamily Property In Brooklyn
FINANCEDMultiFamily

PGGM Secures Loan From Capital One For MultiFamily Property In Brooklyn

225 Schermerhorn St, Brooklyn, NY, 1...

Building Size

—

Asset Type

MultiFamily

Closing

Jun 13, 2022

About this deal

AI

The property located at 225 Schermerhorn St in Brooklyn, NY is a multifamily asset. The loan transaction took place on 06/13/2022, involving the borrower PGGM and the lender Capital One.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: Not Provided
  • Address: 225 Schermerhorn St, Brooklyn, NY
  • Market: Brooklyn
  • Borrower's Representative: Steven (Steve) Klein (JLL)

Steven (Steve) Klein from JLL served as the borrower's representative in this transaction.

Traded’s record for 225 Schermerhorn St, Brooklyn, NY, 1... in Brooklyn, New York covers a multifamily loan from 2022. 225 Schermerhorn St, Brooklyn, NY, 1... is classified as Multifamily on Traded. Steven (Steve) Klein, Dermot, JLL appear on the loan alongside JLL. This page is the Brooklyn, New York file for the 225 Schermerhorn St, Brooklyn, NY, 1... multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Brooklyn sit in the Market section below. Filter that Brooklyn multifamily set by closing date to see what else financed near 225 Schermerhorn St, Brooklyn, NY, 1... around 2022. Cite this PGGM Secures Loan From Capital One For MultiFamily Property In Brooklyn loan when underwriting similar multifamily product around Brooklyn, New York.

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MultiFamily

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Players

Steven Klein

JLL

Broker

$4.5B

vol

55 deals

Broker
DC
Dermot CompanyBuyer

Dermot

PGGM

Tenant

$602.8M

vol

9 deals

Tenant
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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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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