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33 South Oxford Street

Eden Ashourzadeh Secures $3.2M Loan From Customers Bank For Fort Greene Multifamily Property
FINANCEDMultiFamily

Eden Ashourzadeh Secures $3.2M Loan From Customers Bank For Fort Greene Multifamily Property

33 South Oxford Street

$3,200,000

$1,269/SF

Building Size

2,520 SF

Asset Type

MultiFamily

Closing

Apr 23, 2025

AI

The property asset involved in this transaction is a multifamily building located at 33 South Oxford Street in the Fort Greene market of Brooklyn. The asset comprises 4 units and offers a building square footage of 3,360 with a total usable space of 2,520 square feet.

Summary of transaction details:

In this transaction, Eden Ashourzadeh secured a loan from Customers Bank specifically for the four-unit building, facilitating the financing required for the property at the specified address.

Players

Eden Ashourzadeh

Customers Bank

Lender

$116.7M

vol

37 deals

Lender
Customers Bank
Customers BankLender

Eden Ashourzadeh

Landlord

$116.7M

vol

37 deals

Landlord

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

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93