Aryia Bala Of Malve Capital Provides $1.175M Loan For Multifamily Acquisition In Brooklyn
FINANCED
$1,175,000
New York
See Similar DealsMultiFamily2,573 SF
Financed
FINANCED
Aryia Bala Of Malve Capital Provides $1.175M Loan For Multifamily Acquisition In Brooklyn
MultiFamily2,573 SF
Financed
Summary
Asset Type:MultiFamily
Price Per Square Foot:$456
Total Square Footage:2573 SF
Transaction Type:Loan
This transaction involves a multifamily property in Bedford-Stuyvesant, Brooklyn, comprising 3 units and a total square footage of 2,573. The loan amount for this acquisition is $1,175,000, with terms set for 18 months.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Loan Type: Acquisition
- Loan Terms: 18 Months
- Lender: Aryia Bala - Malve Capital
- Market: Brooklyn
- Units: 3
- Square Footage: 2,573
Malve Capital successfully facilitated the funding of this acquisition within 9 days from submission, showcasing the operational efficiency of their recently launched fund. Aryia Bala represents Malve Capital LLC, specializing in acquisition and refinance financing for multifamily properties, ensuring fast underwriting and minimal documentation.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,175,000.00
Monthly NOI$7,833.33
Monthly Debt Service$7,426.80
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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