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Nandor Moskovits Secures $3.9 Million Bridge Loan For Multifamily Properties In Brooklyn

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FINANCED
$3,900,000

New York

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MultiFamily52,218 SF
Financed 06/30/2025
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Property Image
FINANCED

Nandor Moskovits Secures $3.9 Million Bridge Loan For Multifamily Properties In Brooklyn

904 Winthrop Street & 335 East 19th Street

See Similar Deals
MultiFamily52,218 SF
Financed 06/30/2025
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$74
Total Square Footage:52,218 SF
Transaction Type:Loan

The properties involved in this transaction are located at 904 Winthrop Street and 335 East 19th Street in Brooklyn. The multifamily asset comprises a total square footage of 52,218 and includes 62 units. The loan amount secured for this property is $3,900,000, classified as a bridge loan.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,900,000
  • Square Footage: 52,218
  • Units: 62
  • Address: 904 Winthrop Street & 335 East 19th Street
  • Market: Brooklyn
  • Lender: Amit Stern, Eli Ben-Meir & Dylan Kronenberg - Arion Fund
  • Landlord: Nandor Moskovits
  • Broker: Daniel J. Pollak - ZP Realty Capital
  • Loan Type: Bridge

Key individuals involved in the deal include Amit Stern, Eli Ben-Meir, and Dylan Kronenberg, representing Arion Fund, which specializes in tailored financing solutions for the multifamily sector. The landlord of the properties is Nandor Moskovits, and the transaction was brokered by Daniel J. Pollak from ZP Realty Capital.

Players

Daniel J. Pollak
2 deals$53.9M volume
BROKER

Eli Ben-Meir
Arion Fund
11 deals$65.2M volume
LENDER

Arion Fund
LENDER


Details

FINANCED
IMAGE: IMAGE: Eli Ben-Meir & Dylan Kronenberg DATE: 6/30/2025 ADDRESS: 904 Winthrop Street & 335 East 19th Street MARKET: Brooklyn ASSET TYPE: Multifamily ~ SF: 52,218 ~ UNITS: 62 LENDER: Amit Stern, Eli Ben-Meir & Dylan Kronenberg - Arion Fund LANDLORD: Nandor Moskovits BROKER: Daniel J. Pollak - ZP Realty Capital LOAN AMOUNT: $3,900,000 LOAN TYPE: Bridge NOTE FROM LENDER: Arion Fund remains committed to delivering tailored financing solutions that drive growth and opportunity in the multifamily sector. For more information or other inquiries, contact: www.arionfund.com | [email protected] | +1 (201) 374-3121 ext. 103

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,900,000.00

Monthly NOI$26,000.00
Monthly Debt Service$24,650.65
Change in Cash Flow$0.00
Refinance Proceeds$0.00