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30 Saint Felix Street

Frederick P Wiener Secures $4.8 Million Refinance Loan For 30 Saint Felix Street In Brooklyn
FINANCEDMultiFamily

Frederick P Wiener Secures $4.8 Million Refinance Loan For 30 Saint Felix Street In Brooklyn

30 Saint Felix Street

$4,800,000

$192/SF

Building Size

25,000 SF

Asset Type

MultiFamily

Closing

Mar 5, 2026

AI

The property asset involved in this transaction is a multifamily building located at 30 Saint Felix Street in Brooklyn. The asset encompasses a total square footage of 25,000 and consists of 16 units. The transaction is notable for a refinance loan amount of $4,800,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,800,000
  • Loan Type: Refinance
  • Lender: Chase Bank - Andrew Essick
  • Landlord: Frederick P Wiener
  • Broker: Daniel Kowalsky - HKS Real Estate Advisors

This transaction features Andrew Essick as the representative of Chase Bank, managing the lending process for the refinance, while broker Daniel Kowalsky from HKS Real Estate Advisors facilitated the deal on behalf of Frederick P Wiener, the landlord associated with the property.

Players

Daniel Kowalsky

HKS Real Estate Advisors

Broker

$119.4M

vol

19 deals

Broker

Andrew Essick

Originator

$13M

vol

3 deals

Originator

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

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93