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120-11 14th Road

Lin Xiang Secures $1,071,000 Refinance Loan From Madison Mortgage Services For Multifamily Asset
FINANCEDMultiFamily

Lin Xiang Secures $1,071,000 Refinance Loan From Madison Mortgage Services For Multifamily Asset

120-11 14th Road

$1,071,000

Building Size

Asset Type

MultiFamily

Closing

Jun 28, 2026

AI

The asset involved in this transaction is a 4-unit multifamily property located at 120-11 14th Road, situated in the College Point market. The loan amount secured for this refinance transaction is $1,071,000, with terms extending over 30 years.

Summary of transaction details:

Roy Oskar, representing Bridge Advisory Group, has facilitated this refinancing deal. The brokerage is recognized for its breadth of services spanning investment sales, commercial leasing, residential leasing, and capital markets, showcasing their ability to connect clients with appropriate financing solutions tailored to their goals.

Players

Roy Oskar

Bridge Advisory Group

Broker

$38.7M

vol

11 deals

Broker

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

14.81%

Cash-on-Cash

-4.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93