Brookshire Financial Group Secures $3.24M Acquisition Loan At 70 Hatfield Lane
FINANCED
$3,243,500
New York
See Similar DealsOffice49,000 SF
Financed 04/01/2024
FINANCED
Brookshire Financial Group Secures $3.24M Acquisition Loan At 70 Hatfield Lane
70 Hatfield Lane
See Similar DealsOffice49,000 SF
Financed 04/01/2024
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$66
Total Square Footage:49,000 SF
Transaction Type:Loan
The office property located at 70 Hatfield Lane in Goshen, spanning 49,000 square feet, was recently involved in a transaction. The loan amount secured for this acquisition was $3,243,500 and the financing was provided by Key Bank. The brokers facilitating this deal were David Weinstein & Sara Stern from Brookshire Financial Group.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $3,243,500
- Address: 70 Hatfield Lane
- Market: Goshen
- Asset Type: Office
- Square Footage: 49,000
- Lender: Key Bank
- Brokers: David Weinstein & Sara Stern - Brookshire Financial Group
The brokers, David Weinstein & Sara Stern, who represented the parties in this transaction, can be contacted at [email protected] for any further financing needs.
Players
BROKERAGE
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,243,500.00
Monthly NOI$21,623.33
Monthly Debt Service$20,501.13
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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