Benefit Street Partners Provides $31.75M Refinance Loan For Long Island City Multifamily Asset
FINANCED
$31,750,000
New York
See Similar DealsMultiFamily
Financed 11/14/2025
FINANCED
Benefit Street Partners Provides $31.75M Refinance Loan For Long Island City Multifamily Asset
46 06 11th Street
See Similar DealsMultiFamily
Financed 11/14/2025
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
The asset involved in this transaction is a multifamily property located at 46-06 11th Street in the Long Island City market, consisting of 59 units. The refinance loan amount secured for this property is $31,750,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $31,750,000
- Lender: Benefit Street Partners
- Brokers: Drew Fletcher & Bryan Grover - Greystone
- Loan Type: Refinance
- Date of Transaction: 11/14/2025
Drew Fletcher and Bryan Grover from Greystone acted as the brokers representing the transaction for this multifamily property, facilitating the refinance process with Benefit Street Partners as the lender.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$31,750,000.00
Monthly NOI$211,666.67
Monthly Debt Service$200,681.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions