KEB Hana Bank USA Provides $3.88M Loan For Multifamily Properties In Brooklyn
FINANCED
$3,880,000
New York
See Similar DealsMultiFamily
Financed 07/20/2021
FINANCED
KEB Hana Bank USA Provides $3.88M Loan For Multifamily Properties In Brooklyn
338 Warwick Street, Brooklyn, NY, USA
See Similar DealsMultiFamily
Financed 07/20/2021
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
A multifamily property in Brooklyn has been involved in a recent transaction. The property is located at 338 Warwick, 508 Hegeman, 695 Pennsylvania, and 1123 Sutter. The transaction took place on July 20, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,880,000
- Market: Brooklyn
The loan for this transaction was provided by KEB Hana Bank USA. The loan amount is $3,880,000 with a 5-year term, 30-year amortization, 3.75% interest rate, and 75% loan-to-value ratio.
The brokers involved in this deal are Moshe Seidenfeld and Ben Schwartz from Eastern Union Funding, representing the buyer and seller.
Players
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,880,000.00
Monthly NOI$25,866.67
Monthly Debt Service$24,524.24
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions