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Loan · MultiFamily

Updated Oct 19, 2026

Shawn Safdie Of S3 Capital Provides $3,950,000 Loan For Williamsburg Multifamily Renovation
FINANCEDMultiFamily

Shawn Safdie Of S3 Capital Provides $3,950,000 Loan For Williamsburg Multifamily Renovation

$3,950,000

Units

10

Asset Type

MultiFamily

Closing

Oct 9, 2026

About this deal

AI

The asset involved in the transaction is a multifamily property located in Williamsburg, Brooklyn. The loan amount secured for this construction project is $3,950,000, focused on the renovation of an existing building into a 10-unit rental building with retail space included.

Summary of transation details:

  • Property Type: MultiFamily
  • Transaction Amount: $3,950,000
  • Loan Type: Construction
  • Lender: Shawn Safdie - S3 Capital
  • Market: Williamsburg, Brooklyn
  • Note from Lender: Renovation of an existing building to a 10-unit rental building with retail.

Shawn Safdie represents S3 Capital, a leading capital provider that actively finances multifamily transactions. The firm focuses on loan opportunities exceeding $1 million and operates across various markets from New York to Texas. For inquiries, contact [email protected].

Players

Shawn Safdie

S3 Capital

Lender

$2.2B

vol

100 deals

Lender
Bilt advertisement

Market 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

4.02%

Cash-on-Cash

-1.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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