Arbor Realty Trust Provides $30.98M Loan For Multifamily Property In Bedford-Stuyvesant
FINANCED
$30,980,000
New York
See Similar DealsMultiFamily86,826 SF
Financed 02/08/2021
FINANCED
Arbor Realty Trust Provides $30.98M Loan For Multifamily Property In Bedford-Stuyvesant
41 Kosciuszko Street, Bedford-Stuyvesant, Brooklyn, NY, USA
See Similar DealsMultiFamily86,826 SF
Financed 02/08/2021
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$356
Total Square Footage:86,826 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$30,980,000.00
Monthly NOI$206,533.33
Monthly Debt Service$195,814.67
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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