Erez Britt & Haim Dadi Of Golden Bridge Provide $4.5M Refinance Loan For Multifamily In Forest Hills
76 10 113th Street, 76 12 113th Street, 75 59 113th Street, 75 52 Grand Central Parkway & 75 56 Grand Central Parkway
$4,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 12, 2026
AI
The asset involved in the transaction is a multifamily property located at 76-10 113th Street, 76-12 113th Street, 75-59 113th Street, 75-52 Grand Central Parkway, and 75-56 Grand Central Parkway in the Forest Hills market. The property has secured a refinance loan amounting to $4,500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,500,000
- Lender: Erez Britt & Haim Dadi - Golden Bridge
- Landlord: Franklin Baharestani
- Loan Type: Refinance
- Date of Transaction: 1/13/2026
The deal was facilitated by Erez Britt and Haim Dadi from Golden Bridge, who provided flexible financing solutions. The landlord of the property is Franklin Baharestani, involved in this refinancing transaction.
Players
Forest Hills MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93