FINANCEDMultiFamily
Goldman Sachs Provides $13.2M Loan For Multifamily Properties In Bronx & Brooklyn
Bronx, NY, USA
$13,200,000
Building Size
—
Asset Type
MultiFamily
Closing
May 28, 2020
AI
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $13,200,000
- Market: Bronx & Brooklyn
The property involved in the transaction is a multifamily asset located in Bronx & Brooklyn. The transaction amount for this deal is $13,200,000.
The lender for this transaction is Goldman Sachs. The broker representing the deal is David Bollag from Meridian Capital Group.
Players
Morgan Stanley Lender
Goldman SachsLender
New York 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
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93