Black Bear Capital Partners ("BBCP") associates Emil DePasquale and Bryan Manz have successfully arranged a $2.1 million refinancing deal in Brooklyn.
FINANCED
$2,100,000
New York
See Similar DealsMultiFamily
Financed 08/29/2025
FINANCED
Black Bear Capital Partners ("BBCP") associates Emil DePasquale and Bryan Manz have successfully arranged a $2.1 million refinancing deal in Brooklyn.
88 2nd Place
See Similar DealsMultiFamily
Financed 08/29/2025
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
The asset involved in this transaction is a multifamily property located at 88 2nd Place in Brooklyn. The loan amount secured for this property is $2,100,000. This transaction pertains to a refinance of a 3-unit townhome featuring a 5-year fixed rate loan, which transitions into a 30-year amortization period.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Loan Type: Refinance
- Loan Terms: 5-year fixed rate loan followed by a 30-year amortization
- Address: 88 2nd Place
- Market: Brooklyn
The landlords are represented in this transaction by Emil DePasquale and Bryan Manz from Black Bear Capital Partners. Their involvement is crucial in facilitating the refinance process for the property.
Players
Details
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
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,100,000.00
Monthly NOI$14,000.00
Monthly Debt Service$13,273.43
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions