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S3 Capital Partners Provides $4.5M Construction Loan For Flushing Multifamily Property

Property Image
FINANCED
$4,500,000

New York

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MultiFamily8,611 SF
Financed
the dealplayerscompscontact
Property Image
FINANCED

S3 Capital Partners Provides $4.5M Construction Loan For Flushing Multifamily Property

MultiFamily8,611 SF
Financed
the dealplayerscompscontact
Contact now

Summary

Asset Type:MultiFamily
Price Per Square Foot:$522
Total Square Footage:8,611 SF
Transaction Type:Loan

The transaction involves a multifamily asset located in Flushing, consisting of 8,611 square feet and comprising 14 units. The loan amount for this property was $4,500,000, classified as a construction loan.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,500,000
  • Square Footage: 8,611
  • Units: 14
  • Market: Flushing
  • Lender: Steven Jemal - S3 Capital Partners
  • Loan Type: Construction

Steven Jemal of S3 Capital Partners is the key lender involved in the transaction, representing a firm that specializes in financing multifamily transactions. S3 Capital actively seeks loan opportunities exceeding $1 million across various markets, from New York to Texas. For inquiries, interested parties can contact [email protected].

Players

Steven Jemal
S3 Capital
Steven Jemal
113 deals$2.9B volume
LENDER
S3 Capital
S3 Capital
LENDER

Details

FINANCED
IMAGE: Steven Jemal DATE: 12/19/2025 MARKET: Flushing ASSET TYPE: Multifamily ~ SF: 8,611 ~ UNITS: 14 LENDER: Steven Jemal (@SFJemal) - S3 Capital Partners (@S3Capital) LOAN AMOUNT: $4,500,000 LOAN TYPE: Construction NOTE FROM LENDER: S3 Capital is a leading capital provider actively financing multifamily transactions across markets from New York to Texas, with a focus on loan opportunities exceeding $1 million. For any inquiries please contact [email protected].

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Deal Type
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