S3 Capital Partners Provides $4.5M Construction Loan For Multifamily Asset In Brooklyn
FINANCED
$4,500,000
New York
See Similar DealsMultiFamily5,847 SF
Financed
FINANCED
S3 Capital Partners Provides $4.5M Construction Loan For Multifamily Asset In Brooklyn
MultiFamily5,847 SF
Financed
Summary
Asset Type:MultiFamily
Price Per Square Foot:$769
Total Square Footage:5847 SF
Transaction Type:Loan
This transaction involves a multifamily property located in Brooklyn, featuring a total square footage of 5,847 and comprising 10 units. The loan amount for this property is $4,500,000, classified as a construction loan.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,500,000
- Market: Brooklyn
- Lender: Shawn Safdie - S3 Capital Partners
- Loan Type: Construction
- Units: 10
- Square Footage: 5,847
Shawn Safdie represents S3 Capital Partners, a leading capital provider in the multifamily financing sector, focusing on loan opportunities exceeding $1 million across various markets from New York to Texas. For inquiries, contact [email protected].
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$4,500,000.00
Monthly NOI$30,000.00
Monthly Debt Service$28,443.06
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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