facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Note Loan

/

Loan

/

83 Prospect Hill Lane

Capital Funding Financial And Easy Close Capital Provide $2,975,000 Refinance Loan To Peter Feraro In Montauk
FINANCEDNote / Loan

Capital Funding Financial And Easy Close Capital Provide $2,975,000 Refinance Loan To Peter Feraro In Montauk

83 Prospect Hill Lane

$2,975,000

$495/SF

Building Size

6,000 SF

Asset Type

Note / Loan

Closing

Sep 11, 2025

AI

The asset involved in this transaction is a note/loan related to a property located at 83 Prospect Hill Lane in the Montauk market. The loan amount for this refinance transaction is $2,975,000. The total square footage of the asset is 6,000.

Summary of transaction details:

  • Property Type: Note / Loan
  • Transaction Amount: $2,975,000
  • Address: 83 Prospect Hill Lane
  • Market: Montauk
  • Lender: Capital Funding Financial & Easy Close Capital - Brenden Kardash
  • Landlord: Peter Feraro
  • Loan Type: Refinance

This deal involves Brenden Kardash representing the lenders, Capital Funding Financial and Easy Close Capital, in the refinancing process for Peter Feraro as the landlord of the property.

Players

CF
Capital FundingLender

Montauk Note / Loan Market Snapshot

Boundary boundary · Note / Loan · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.33%

Cash-on-Cash

-1.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93