Updated Sep 30, 2026
Sam Strauss Secures $2.75M Refinance Loan From Suffolk Credit Union For MultiFamily In Central Harlem
$2,750,000
$634/SF
Building Size
4,335 SF
Asset Type
MultiFamily
Closing
Aug 27, 2026
About this deal
AI
The asset involved in this transaction is a MultiFamily property located in Central Harlem. The total square footage of the property is 4,335, consisting of 8 units.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,750,000
- Loan Type: Refinance
- Loan Terms: 5 Years
- Lender: Suffolk Credit Union
- Borrower: Sam Strauss
- Broker: Alec Feintuch - Leviathan Capital
This transaction features key individuals such as Sam Strauss, who is the borrower and secured the refinance loan, and Alec Feintuch from Leviathan Capital, who acted as the broker representing the borrower in this loan arrangement.
Players
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
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93