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Mark Guindi's GD Capital Acquires Multifamily Property In Stuyvesant Heights, Brooklyn For $1.4M

443 Hancock Street
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This MultiFamily property located in NY received a loan of $1,432,500 over 3 years ago. The brokers of the deal were Allison Dubuisson and Brad Domenico

The property involved in this transaction is a multifamily building located at 443 Hancock Street in Stuyvesant Heights, Brooklyn. The loan for this property was facilitated by Mark Guindi of GD Capital and Brad Domenico, the broker involved in the deal. The lender for this transaction was Valley National Bank, with Jamie Payne representing the bank.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,432,500
  • Loan Terms: Fixed Rate for 5 Years, 30 Year Amortization, 75% LTV
  • Units: 4
  • Landlord: Mark Guindi - GD Capital

The individuals and companies involved in this deal include Mark Guindi of GD Capital, who serves as the landlord for this property, and Brad Domenico, the broker who facilitated the transaction. Valley National Bank provided the loan, with Jamie Payne representing the bank in this deal.

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Deals
  • Location
    443 Hancock St, Brooklyn, NY 11233, USA443 Hancock St, Brooklyn, NY 11233, USA
  • Loan Value
    $1,432,500$1,432,500
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 2 Agencies, 1 Lender2 Brokers, 2 Agencies, 1 Lender

Agents

Brad Domenico

Brad Domenico

Deals114
Financed$2.1B

Agencies

Douglas Elliman

Douglas Elliman

Agency
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Volume$17.9B

Progress Capital

Progress Capital

Agency
Deals375
Volume$4.8B

Valley National Bank

Valley National Bank

Lender
Deals78
Volume$ 112.4B

Deal Summary

LOAN IMAGE: Mark Guindi & Brad Domenico (@Domenico317) DATE: 07/02/2020 ADDRESS: 443 Hancock Street MARKET: Stuyvesant Heights, Brooklyn ASSET TYPE: Multifamily LENDER: Valley National Bank – Jamie Payne LANDLORD: Mark Guindi – GD Capital (@GDCapital) BROKER: Brad […] LOAN AMOUNT: $1,432,500 LOAN TERMS: Fixed Rate for 5 Years, 30 Year Amortization, 75% LTV UNITS: 4

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443 Hancock Street

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