Nandor Moskovits Secures $3.9 Million Bridge Loan For Multifamily Properties In Brooklyn
904 Winthrop Street & 335 East 19th Street
$3,900,000
$74/SF
Building Size
52,218 SF
Asset Type
MultiFamily
Closing
Jun 29, 2025
AI
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
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
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93