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.
Players
Bonifay 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
1.15%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93