facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Loan

/

4003 Avenue J

Cecil Thompson Secures $2.06M Fix & Flip Loan From RBI Private Lending For Brooklyn Multifamily
FINANCEDMultiFamily

Cecil Thompson Secures $2.06M Fix & Flip Loan From RBI Private Lending For Brooklyn Multifamily

4003 Avenue J

$2,069,040

Building Size

Asset Type

MultiFamily

Closing

Oct 29, 2025

AI

The property asset involved in this transaction is a multifamily unit located at 4003 Avenue J in Brooklyn, featuring 2 units. The loan amount secured for this property is $2,069,040 as part of a fix & flip loan with terms extending over a period of 6 months.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,069,040
  • Lender: RBI Private Lending - Arianna Mijares
  • Landlord: Cecil Thompson
  • Loan Type: Fix & flip loan
  • Loan Terms: 6 months

The key individuals involved in the transaction include Arianna Mijares from RBI Private Lending, who served as the lender, and Cecil Thompson, identified as the landlord of the property. Their roles were crucial in facilitating the financing of this multifamily asset.

Players

RBI Private Lending
RBI Private Lending Lender

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

7.67%

Cash-on-Cash

-2.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93