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65 Dupont Street

Madison Realty Capital Secures $285 Million Refinance Loan For Greenpoint Central Multifamily In Brooklyn
FINANCEDMultiFamily

Madison Realty Capital Secures $285 Million Refinance Loan For Greenpoint Central Multifamily In Brooklyn

65 Dupont Street

$285,000,000

$861/SF

Building Size

330,696 SF

Asset Type

MultiFamily

Closing

Nov 24, 2025

AI

The property asset involved in the transaction is Greenpoint Central, located at 65-75 Dupont Street in Brooklyn. This multifamily asset features a total square footage of 330,696 and comprises 473 units, reflecting its significant scale within the market.

Summary of transaction details:

The deal showcases the collaboration of key individuals such as Kunal Doshi, who represents the lender, and Josh Zegen and Samir Tejpaul, who represent the landlord. The brokers involved in facilitating this transaction include notable figures from Walker & Dunlop, each playing a vital role in the successful completion of this refinancing deal.

Players

Aaron Appel

Walker & Dunlop

Broker

$33.1B

vol

197 deals

Broker
Walker & Dunlop
Walker & DunlopBrokerage
Kunal Doshi

Kunal Doshi

TPG Real Estate Finance Trust

Lender

$285.7M

vol

2 deals

Lender
TPG Real Estate Finance Trust
TPG Real Estate Finance TrustLender
Josh Zegen

Josh Zegen

Madison Realty Capital

Landlord

$6.5B

vol

50 deals

Landlord

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.06%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93