Updated Sep 2, 2026
Chaim Wurzberger Of Candor Capital Secures $13.8M Refinance From Goldman Sachs For Multifamily Property
354 East 28th Street
$13,800,000
$484/SF
Building Size
28,480 SF
Asset Type
MultiFamily
Closing
Aug 27, 2026
About this deal
AI
The asset involved in this transaction is a 33-unit residential elevator building located at 354 East 28th Street in East Flatbush, Brooklyn. The total square footage of the property is 28,480, and the transaction is classified as a refinance loan amounting to $13,800,000.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $13,800,000
- Address: 354 East 28th Street
- Market: East Flatbush, Brooklyn
- Lender: Goldman Sachs
- Landlord: Chaim Wurzberger - Candor Capital
- Loan Type: Refinance
Candor Capital, represented by Chaim Wurzberger, secured the refinancing through Goldman Sachs for the property, emphasizing the financial arrangements made for this multifamily asset.
On the Map
$13,800,000
$484/SF
MultiFamily
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Bonifay MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.15%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93