Realty Capital Finance Provides $2.375M Acquisition Loan For Brooklyn Package Deal
FINANCED
$2,375,000
New York
See Similar DealsMultiFamily3,000 SF
Financed 09/30/2021
FINANCED
Realty Capital Finance Provides $2.375M Acquisition Loan For Brooklyn Package Deal
Brooklyn, NY, USA
See Similar DealsMultiFamily3,000 SF
Financed 09/30/2021
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$791
Total Square Footage:3,000 SF
Transaction Type:Loan
A package deal consisting of 9,000 square feet of property in Brooklyn was recently closed. The transaction took place on September 30, 2021, and involved an acquisition loan provided by @RealtyCapitalFinance. The loan amount was $2,375,000, and the loan type was an acquisition loan with a fixed interest rate of 3.75% for 30 years.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $2,375,000
- Market: Brooklyn
The lender in this deal was @RealtyCapitalFinance, represented by Samuel Kwadrat, Heshy Safrin, and Mark Safrin. They provided the acquisition loan to facilitate the purchase of the 9,000 square feet of property in Brooklyn. The loan terms included a fixed interest rate of 3.75% for a 30-year duration.
Players
LENDER
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,375,000.00
Monthly NOI$15,833.33
Monthly Debt Service$15,011.62
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions