Capital Funding Financial And Easy Close Capital Provide $2,975,000 Refinance Loan To Peter Feraro In Montauk
FINANCED
$2,975,000
New York
See Similar DealsNote / Loan6,000 SF
Financed 09/12/2025
FINANCED
Capital Funding Financial And Easy Close Capital Provide $2,975,000 Refinance Loan To Peter Feraro In Montauk
83 Prospect Hill Lane
See Similar DealsNote / Loan6,000 SF
Financed 09/12/2025
Summary
NEW YORK
Asset Type:Note / Loan
Price Per Square Foot:$495
Total Square Footage:6,000 SF
Transaction Type:Loan
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
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,975,000.00
Monthly NOI$19,833.33
Monthly Debt Service$18,804.02
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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