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:
- Property Type: Multifamily
- Transaction Amount: $3,200,000
- Lender: Customers Bank
- Landlord: Eden Ashourzadeh
- Units: 4
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
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
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