Natixis Provides $31M Loan For 67 Prince Street In Fort Greene
FINANCED
$31,000,000
New York
See Similar DealsOther114,500 SF
Financed 12/18/2020
FINANCED
Natixis Provides $31M Loan For 67 Prince Street In Fort Greene
67 Prince Street, Fort Greene
See Similar DealsOther114,500 SF
Financed 12/18/2020
Summary
NEW YORK
Asset Type:Other
Price Per Square Foot:$270
Total Square Footage:114,500 SF
Transaction Type:Loan
Located at 67 Prince Street in Fort Greene, this property has recently closed a transaction. The loan for this transaction was provided by natixis''>Natixis, amounting to $31,000,000. The property spans across 114,500 square feet.
Summary of transation details
- Property Type: Not specified
- Transaction Amount: $31,000,000
- Address: 67 Prince Street
- Market: Fort Greene
Jorge Madruga & Eli Weiss represented the landlord, Maddd Equities & Joy Construction, in this deal.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$31,000,000.00
Monthly NOI$206,666.67
Monthly Debt Service$195,941.09
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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