Frederick P Wiener Secures $4.8 Million Refinance Loan For 30 Saint Felix Street In Brooklyn
FINANCED
$4,800,000
New York
See Similar DealsMultiFamily25,000 SF
Financed
FINANCED
Frederick P Wiener Secures $4.8 Million Refinance Loan For 30 Saint Felix Street In Brooklyn
30 Saint Felix Street
See Similar DealsMultiFamily25,000 SF
Financed
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$192
Total Square Footage:25000 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$4,800,000.00
Monthly NOI$32,000.00
Monthly Debt Service$30,339.27
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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