Updated Aug 25, 2025
Phillip Sulke Secures $4.5 Million Refinance Loan For 33 Dikeman Street Multifamily In Brooklyn
33 Dikeman Street
$4,500,000
$375/SF
Building Size
12,000 SF
Asset Type
MultiFamily
Closing
Aug 11, 2025
About this deal
AI
The property asset involved is a multifamily property located at 33 Dikeman Street in Brooklyn. The asset spans 12,000 square feet and consists of 4 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,500,000
- Loan Type: Refinance
- Lender: Vincent Sarnelli - Hirshmark Capital
- Landlord: Phillip Sulke
This transaction highlights the involvement of Vincent Sarnelli, who represents Hirshmark Capital as the lender for the refinancing of the property owned by landlord Phillip Sulke.
The multifamily loan at 33 Dikeman Street in Brooklyn, New York financed for $4.5M in 2025. Reported inventory is 12,000 square feet across 4 units, or about 375 per square foot. Named participants on the 33 Dikeman Street loan are Vincent Sarnelli. This page is the Brooklyn, New York file for the 33 Dikeman Street multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Brooklyn sit in the Market section below. Filter that Brooklyn multifamily set by closing date to see what else financed near 33 Dikeman Street around 2025. Published consideration for 33 Dikeman Street is $4.5M, dated 2025. Cite this Phillip Sulke Secures $4.5 Million Refinance Loan For 33 Dikeman Street Multifamily In Brooklyn loan when underwriting similar multifamily product around Brooklyn, New York.
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Vincent Sarnelli to view all their deals.
Browse Brooklyn multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93