Updated Sep 5, 2024
Equitas Capital Group Refinances 11-Unit Multifamily Property In Brooklyn For $2.4M
2842 West 15th Street
$2,446,000
$424/SF
Building Size
5,760 SF
Asset Type
MultiFamily
Closing
Jul 25, 2022
About this deal
AI
The multifamily property located at 2842 W. 15th St. in Brooklyn has been closed for a loan transaction. The property has a total square footage of 5,760 and consists of 11 units. The loan amount for this transaction was $2,446,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,446,000
- Loan Type: Refinance
- Loan Terms: rate: 4.20%, Term: 7+13, Amortization: 30 years, Non-recourse, Assumable
The loan for this transaction was facilitated by Alex Leykind from Equitas Capital Group. Equitas Capital Group specializes in providing tailored solutions for commercial real estate financing needs. They invest time and resources in their clients, understanding their individual needs and challenges.
For more information on commercial real estate financing, you can contact Equitas Capital Group at 646-637-7510 or [email protected].
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Alex Leykind to view all their deals.
Browse New York multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.49%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93