Updated Jan 2, 2025
Facilitates $4.4M Multifamily Refinance Loan In Brooklyn NY
$4,400,000
$550/SF
Building Size
8,000 SF
Asset Type
MultiFamily
Closing
Mar 6, 2023
About this deal
AI
The recent transaction in Brooklyn, NY involved a multifamily property. The loan amount for this transaction was $4,400,000. The loan was a refinance and had a term of 12 months.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,400,000
The deal was facilitated by Esti Broyde of . Esti Broyde represented the parties involved in the transaction as a broker.
Facilitates $4.4M Multifamily Refinance Loan In Brooklyn NY is logged as a multifamily loan on Traded (2023). The building is 8,000 square feet, implying about 550 per square foot on the published price. Esti Broyde, Roey Realty appear on the loan alongside Roey Realty. This page is the market file for the Facilitates $4.4M Multifamily Refinance Loan In Brooklyn NY multifamily financed: pricing, party profiles, and other closed multifamily comps from the same area sit in the Market section below. Cite this Facilitates $4.4M Multifamily Refinance Loan In Brooklyn NY loan when underwriting similar multifamily product.
Players
Market 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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93