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310 Clarkson Avenue

Updated Nov 6, 2026

David Kramer Of Hudson Inc. Secures $47.6 Million Refinance Loan For 170-Unit Multifamily Property In Brooklyn
FINANCEDMultiFamily

David Kramer Of Hudson Inc. Secures $47.6 Million Refinance Loan For 170-Unit Multifamily Property In Brooklyn

310 Clarkson Avenue

$47,600,000

Units

170

Asset Type

MultiFamily

Closing

Oct 26, 2026

About this deal

AI

The property asset involved in this transaction is a MultiFamily building located at 310 Clarkson Avenue in Brooklyn, comprising 170 units. The transaction primarily concerns a refinance loan amounting to $47,600,000.

Summary of transaction details:

The deal involves key representatives including David Elgart and David Manlowe from Benefit Street Partners acting as lenders. David Kramer from Hudson Inc. serves as the borrower, while the landlord's interests are represented by Daniel Fromm, Samuel Speciale, and Lance Tillman from Newmark.

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$47,600,000

MultiFamily

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Players

Daniel Fromm

Newmark

Broker

$5.5B

vol

86 deals

Broker

David Elgart

Benefit Street Partners

Lender

$316.4M

vol

3 deals

Lender
HG
Hudson GroupLandlord
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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $280K per unit across 170 units on a published $47.6M (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.33%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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