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

/

East Williamsburg

S3 Capital Provides $3,500,000 Construction Loan For East Williamsburg Multifamily Property
FINANCEDMultiFamily

S3 Capital Provides $3,500,000 Construction Loan For East Williamsburg Multifamily Property

$3,500,000

$750/SF

Building Size

4,662 SF

Asset Type

MultiFamily

Closing

Mar 25, 2026

AI

The transaction involved a multifamily asset located in East Williamsburg, featuring a total square footage of 4,662 and comprising 8 units. The financial arrangement secured through a loan amounted to $3,500,000 designated for construction purposes.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,500,000
  • Market: East Williamsburg
  • Asset Size: 4,662 SF
  • Units: 8
  • Lender: Shawn Safdie - S3 Capital
  • Loan Type: Construction

Shawn Safdie represented S3 Capital, a noted capital provider that actively finances multifamily transactions across various markets, from New York to Texas, focusing on loan opportunities exceeding $1 million. For any inquiries, contact [email protected].

Players

Shawn Safdie

S3 Capital

Lender

$2B

vol

87 deals

Lender

Market 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

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93