KSR Capital Acquires $4.5 Million Note From Popular Bank Secured By Residential Property In Brooklyn
331 Fenimore Street
$4,500,000
Building Size
—
Asset Type
Note / Loan
Closing
Jul 30, 2026
About this deal
AI
KSR Capital acquired a $4.5 million note secured by an eight-unit residential walkup located at 331 Fenimore Street in the Prospect Lefferts Gardens market of Brooklyn. This transaction involves a financial asset rather than a direct property sale.
Summary of transaction details:
- Property Type: Note / Loan
- Transaction Amount: $4,500,000
- Buyer: KSR Capital
- Seller: Popular Bank
- Address: 331 Fenimore Street
- Market: Prospect Lefferts Gardens
Daniel Amar’s eight-unit residential walkup serves as the collateral for the acquired note, highlighting the specifics of the secured asset that KSR Capital is now associated with in this transaction.
On the Map
$4,500,000
Note / Loan
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Players
Fennimore Note / Loan Market Snapshot
Boundary boundary · Note / Loan · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93