Updated Sep 22, 2026
Tolib Mansurov Secures $12.3 Million Bridge Loan For 64-Unit Multifamily At 408 Lefferts Avenue
408 Lefferts Avenue
$12,300,000
Units
64
Asset Type
MultiFamily
Closing
Apr 24, 2026
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 408 Lefferts Avenue in the Prospect Lefferts Gardens market of Brooklyn. The property consists of 64 units and has a loan amount of $12,300,000 structured as a bridge loan.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $12,300,000
- Address: 408 Lefferts Avenue
- Market: Prospect Lefferts Gardens, Brooklyn
- Units: 64
- Borrower: Tolib Mansurov
- Landlord's Rep: Morris Betesh, Michael Tsyngauz & Louis Halperin - Arrow Real Estate Advisors
- Loan Type: Bridge
This transaction involves key individuals such as borrower Tolib Mansurov and the landlord's representatives Morris Betesh, Michael Tsyngauz, and Louis Halperin from Arrow Real Estate Advisors, who played essential roles in facilitating the loan agreement.
On the Map
$12,300,000
MultiFamily
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Players
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
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93