Erez Britt & Haim Dadi Of Golden Bridge Provide $4.3M Loan For Medical Office Acquisition
418 East 71st Street
$4,300,000
Building Size
—
Asset Type
Office
Closing
Oct 23, 2025
About this deal
AI
The transaction involved the financing of an office asset located at 418 East 71st Street in the Lenox Hill market. The property is classified as a medical office building, and the loan amount extended was $4,300,000, designated specifically for acquisition purposes.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $4,300,000
- Lender: Erez Britt & Haim Dadi - Golden Bridge
- Landlord: Weiye Lin, Mengxue Jiang
- Broker: Annie Zhang
The key individuals involved in this transaction include Erez Britt and Haim Dadi, who represented Golden Bridge as the lenders providing the financing. Weiye Lin and Mengxue Jiang served as the landlords for the property, while broker Annie Zhang facilitated the transaction.
On the Map
$4,300,000
Office
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Players
New York Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93