Updated Mar 11, 2025
Goldman Sachs Provides $13.2M Loan For Multifamily Properties In Bronx & Brooklyn
Bronx, NY, USA
$13,200,000
Units
389
Asset Type
MultiFamily
Closing
May 28, 2020
About this deal
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.
The multifamily loan at Bronx, NY, USA in New York, New York financed for $13.2M in 2020. Reported inventory is 389 units across 389 units. Vincent Coratolo, Douglas Marshall, Samuel (Sam) Katz, David Hayum appear on the loan alongside Meridian Capital Group. This page is the New York, New York file for the Bronx, NY, USA multifamily financed: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else financed near Bronx, NY, USA around 2020. Published consideration for Bronx, NY, USA is $13.2M, dated 2020. Cite this Goldman Sachs Provides $13.2M Loan For Multifamily Properties In Bronx & Brooklyn loan when underwriting similar multifamily product around New York, New York.
Players
New York 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
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93