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902 Quentin Road

FINANCEDOffice

Matt Greenfield Of Rethink Capital Partners Secures $33.6M Refinance For Office In Sheepshead Bay

902 Quentin Road

$33,600,000

$298/SF

Building Size

112,684 SF

Asset Type

Office

Closing

Jul 23, 2026

AI

The property asset involved in this transaction is an office building located at 902 Quentin Road in Sheepshead Bay, Brooklyn. The asset encompasses a total square footage of 112,684 and is part of the office asset type category. Rethink Capital Partners was involved in a loan refinancing amounting to $33.6 million for this property, replacing a previous loan of $33.2 million from the same lender, First Citizens Bank.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $33,600,000
  • Address: 902 Quentin Road
  • Market: Sheepshead Bay, Brooklyn
  • Lender: First Citizens Bank
  • Landlord: Matt Greenfield - Rethink Capital Partners
  • Loan Type: Refinance

In this transaction, Matt Greenfield represents Rethink Capital Partners as the landlord in securing the refinancing deal. First Citizens Bank provided the loan, continuing its relationship with Rethink Capital Partners from the previous financing arrangement.

Players

First Citizens Bank
First Citizens BankLender

Matt Greenfield

Rethink Capital Partners

Landlord

$33.6M

vol

1 deal

Landlord

Quentin Office Market Snapshot

Boundary boundary · Office · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.47%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93