Updated Jun 3, 2026
FINANCEDMultiFamily
Slate Property Group And Avenue Realty Capital Secure $86.25M Refinance For Dutch House Multifamily In Long Island City
37-05 30th Street
$86,250,000
Units
186
Asset Type
MultiFamily
Closing
Jun 2, 2026
About this deal
AI
No summary available.
On the Map
$86,250,000
MultiFamily
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Players
Slate Property GroupLandlord
AC
Avenue Realty CapitalLandlord
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
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93