Guy Shmuel Of Swift Capital Provides $1.1M Loan For Multifamily Acquisition In Maspeth
$1,100,000
$625/SF
Building Size
1,760 SF
Asset Type
MultiFamily
Closing
Jun 29, 2025
AI
This transaction involved a multifamily asset located in Maspeth, Queens, featuring 1,760 square feet and comprising 2 units. The deal closed with a loan amount of $1,100,000 designated for acquisition and construction purposes.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Asset Size: 1,760 SF
- Number of Units: 2
- Lender: Guy Shmuel, Swift Capital LLC
- Loan Type: Acquisition + Construction
- Market: Maspeth
- Closing Date: 6/30/2025
Guy Shmuel from Swift Capital LLC facilitated this financing, which emphasized their proficiency in executing complex transactions with a rapid timeline. The deal was successfully closed in just 8 days, indicating a strategic approach to repositioning the acquired asset.
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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93