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41 Kosciuszko Street, Bedfo...

Arbor Realty Trust Provides $30.98M Loan For Multifamily Property In Bedford-Stuyvesant
FINANCEDMultiFamily

Arbor Realty Trust Provides $30.98M Loan For Multifamily Property In Bedford-Stuyvesant

41 Kosciuszko Street, Bedford-Stuyvesant, Brooklyn, NY, USA

$30,980,000

$356/SF

Building Size

86,826 SF

Asset Type

MultiFamily

Closing

Feb 7, 2021

AI

Located at 41 Kosciuszko Street in Bedford-Stuyvesant, this multifamily property spans an impressive 86,826 square feet and consists of 95 units. The transaction took place on February 8, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $30,980,000
  • Address: 41 Kosciuszko Street
  • Market: Bedford-Stuyvesant
  • Square Footage: 86,826
  • Units: 95

Ivan Kaufman, represented by Arbor Realty Trust, provided the loan amount of $30,980,000. The landlord, Anshel Fridman, facilitated the transaction.

Players

Arbor Realty Trust
Arbor Realty TrustLender

Anshel Fridman

Landlord

$143M

vol

8 deals

Landlord

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

0.51%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93