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418 East 71st Street

Erez Britt & Haim Dadi Of Golden Bridge Provide $4.3M Loan For Medical Office Acquisition
FINANCEDOffice

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

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.

Players

Annie Zhang

Broker

$10.1M

vol

2 deals

Broker

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