facebook
Traded Co logo
Submit
Daily limit: 0/10

Rabsky Group Secures $70M Loan From Madison Realty Capital For 625 Fulton Street Multifamily

Property Image
FINANCED
$70,000,000

New York

See Similar Deals
MultiFamily1,098 SF
Financed 04/15/2025
the dealplayerscompscontact
Property Image
FINANCED

Rabsky Group Secures $70M Loan From Madison Realty Capital For 625 Fulton Street Multifamily

625 Fulton Street

See Similar Deals
MultiFamily1,098 SF
Financed 04/15/2025
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$63,752
Total Square Footage:1,098 SF
Transaction Type:Loan

The property asset involved in this transaction is a multifamily tower located at 625 Fulton Street in Brooklyn, encompassing 1,098 square feet. The total financing amount for this asset totals $555,000,000, which includes an original loan of $485,000,000 alongside an additional $70,000,000 secured by Rabsky Group from Madison Realty Capital.

Summary of transation details:

The deal involves prominent figures in the real estate industry, with Josh Zegen representing Madison Realty Capital as the lender. Simon Dushinsky and Isaac Rabinowitz are the landlords involved, both associated with the Rabsky Group, while Henry Bodek from Galaxy Capital acts as the broker facilitating the transaction.

Players

Henry Bodek
69 deals$12.3B volume
BROKER

Josh Zegen
Madison Realty Capital
46 deals$5.9B volume
LENDER

Madison Realty Capital
LENDER

Simon Dushinsky
17 deals$1.5B volume
LANDLORD

Details

FINANCED
IMAGE: Josh Zegen & Simon Dushinsky DATE: 04/15/2025 ADDRESS: 625 Fulton Street MARKET: Brooklyn ASSET TYPE: Multifamily ~ SF: 1,098 LENDER: Josh Zegen (@JZegen) - Madison Realty Capital (@MadisonRealtyCapital) LANDLORD: Simon Dushinsky & Isaac Rabinowitz - Rabsky Group (@RabskyGroup) BROKER: Henry Bodek (@Henry_Bodek) - Galaxy Capital LOAN AMOUNT: $555,000,000 NOTE: Rabsky Group secured an additional $70M from Madison Realty Capital, bringing total financing to $555M—up from the original $485M loan—for its 1,098-unit multifamily tower at 625 Fulton Street in Downtown Brooklyn.

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

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
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$70,000,000.00

Monthly NOI$466,666.67
Monthly Debt Service$442,447.62
Change in Cash Flow$0.00
Refinance Proceeds$0.00