Updated Jan 29, 2026
WeLendLLC Provides $1.03M Refinance Loan For Brooklyn Multifamily Property
Brooklyn, New York, United States
$1,028,250
$272/SF
Building Size
3,773 SF
Asset Type
MultiFamily
Closing
Apr 12, 2022
About this deal
AI
A multifamily property located in Brooklyn recently underwent a refinance transaction. The property spans over 3,773 square feet and is part of the rental program offered by WeLendLLC.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,028,250
The loan for this transaction was facilitated by WeLendLLC. The lender's representatives involved in the deal include Guy Shmuel, Ruben Izgelov, Solomon Suleymanov, and Moses Suleymanov. The loan amount for the refinance was $1,028,250 with an interest rate of 4.875%. The rental program type for this loan is a 30-year fixed-rate mortgage. For any inquiries regarding loans, interested parties may contact Solomon Suleymanov at [email protected].
Players
New York MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.43%
Cash-on-Cash
-4.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93