Updated Oct 16, 2026
Ronen Shahkoohi Of Malve Capital Provides $1,480,000 Loan For Brooklyn Multifamily Purchase And Construction
$1,480,000
$715/SF
Building Size
2,070 SF
Asset Type
MultiFamily
Closing
Aug 6, 2026
About this deal
AI
The asset involved in this transaction is a multifamily property located in Brooklyn, New York, comprising 2,070 square feet and consisting of 3 units. The property secured a loan amount of $1,480,000 for purchase and construction purposes.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,480,000
- Loan Type: Bridge
- Loan Term: 12 Months
- Construction Budget: $550,000
- ARV: $2,040,000
- LTARV: 72.55%
Ronen Shahkoohi from Malve Capital served as the lender for this transaction, facilitating a purchase and construction loan that enables the borrower to proceed with the acquisition and renovation of the property in a challenging market environment.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Ronen Shahkoohi to view all their deals.
Browse New York multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.72%
Cash-on-Cash
-3.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93