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801 Wyckoff Avenue

Moishe Loketch & Pinny Loketch Of Loketch Group Secure $18.65M Refinance Loan For Multifamily Asset
FINANCEDMultiFamily

Moishe Loketch & Pinny Loketch Of Loketch Group Secure $18.65M Refinance Loan For Multifamily Asset

801 Wyckoff Avenue

$18,650,000

Building Size

Asset Type

MultiFamily

Closing

Jun 10, 2026

AI

The asset involved in this transaction is a MultiFamily property located at 801 Wyckoff Avenue in the Ridgewood market. The refinance loan amount for this property is $18,650,000.

Summary of transaction details:

Key individuals involved in this transaction include Moishe Loketch and Pinny Loketch, who represent Loketch Group as the landlords. The brokerage team consists of Morris Betesh, Jack McPhail, and Joseph Kean from Arrow Real Estate Advisors, facilitating the refinance process.

Players

Morris Betesh

Arrow Real Estate Advisors

Broker

$13.2B

vol

227 deals

Broker
Derby Copeland Capital
Derby Copeland CapitalLender
Moishe Loketch

Moishe Loketch

Loketch Group

Landlord

$632.9M

vol

24 deals

Landlord

Ridgewood 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

0.85%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93