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Joshua Brown And Rayshaun Addison Secure $1.155M Refinance For Multifamily Property In Brooklyn

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FINANCED
$1,155,000
Rayshaun Addison
Christopher J. Calabrese

New York

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MultiFamily2,600 SF
Financed 08/29/2025
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FINANCED

Joshua Brown And Rayshaun Addison Secure $1.155M Refinance For Multifamily Property In Brooklyn

426 Lewis Avenue

See Similar Deals
MultiFamily2,600 SF
Financed 08/29/2025
Rayshaun Addison
Christopher J. Calabrese
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$444
Total Square Footage:2,600 SF
Transaction Type:Loan

The property asset involved in this transaction is a multifamily unit located at 426 Lewis Avenue, Brooklyn. The property features a total square footage of 2,600 and comprises 2 units, facilitating residential accommodation in the market area.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,155,000
  • Loan Type: Refinance
  • Landlord: Joshua Brown & Rayshaun Addison - Pushing Forward Realty
  • Date of Transaction: 8/29/2025

This transaction highlights the involvement of Joshua Brown and Rayshaun Addison, both serving as principals at Pushing Forward Realty. Inquiries regarding this transaction can be directed to [email protected].

Details

FINANCED
IMAGE: Joshua Brown, Rayshaun Addison & Christopher J. Calabrese DATE: 8/29/2025 ADDRESS: 426 Lewis Avenue MARKET: Brooklyn ASSET TYPE: Multifamily ~ SF: 2,600 ~ UNITS: 2 LANDLORD: Joshua Brown (@JoshOnDemand) & Rayshaun Addison (@Ray_Addison) - Pushing Forward Realty (@PushingForwardRealty) LOAN AMOUNT: $1,155,000 LOAN TYPE: Refinance NOTE FROM LANDLORD: Pushing Forward Development Joshua Brown. Principal Ray Addison. Principal All Inquiries: [email protected]

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$1,155,000.00

Monthly NOI$7,700.00
Monthly Debt Service$7,300.39
Change in Cash Flow$0.00
Refinance Proceeds$0.00