Updated Jan 2, 2025
Roey Realty Refinances Multifamily Property In Williamsburg For $3.18M
Williamsburg, New York City, New York, United States
$3,180,000
Units
14
Asset Type
MultiFamily
Closing
Jun 27, 2022
About this deal
AI
The multifamily property located in Williamsburg has been involved in a recent transaction. The property consists of 14 units and is situated in a market known for its vibrant atmosphere.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,180,000
- Date: 06/28/2022
- Market: Williamsburg
- Asset Type: Multifamily
- Units: 14
The loan for this property was provided by Roey Realty. The loan amount for the transaction was $3,180,000, and it was a refinance loan. The loan terms included a 5-year fixed rate.
The landlord involved in this transaction is Dov Glick. The broker representing the deal was Esti Broyde from Roey Realty.
On the Map
$3,180,000
MultiFamily
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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
4.99%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93