Michael Lee Of HKS Real Estate Advisors Represents Stormfield Capital In $8M Refinance For 9 Minetta Street
FINANCED
$8,000,000
New York
See Similar DealsSingle Family Residence8,300 SF
Financed 10/07/2025
FINANCED
Michael Lee Of HKS Real Estate Advisors Represents Stormfield Capital In $8M Refinance For 9 Minetta Street
9 Minetta Street
See Similar DealsSingle Family Residence8,300 SF
Financed 10/07/2025
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$963
Total Square Footage:8,300 SF
Transaction Type:Loan
The asset involved in the transaction is a single-family residence located at 9 Minetta Street in the Greenwich Village market. The property spans 8,300 square feet and is part of a refinance loan amounting to $8,000,000.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $8,000,000
- Lender: Stormfield Capital
- Broker: Michael Lee - HKS Real Estate Advisors
- Loan Type: Refinance
- Date: 10/7/2025
The deal features broker representation by Michael Lee from HKS Real Estate Advisors. The refinancing indicates a strategic financial decision in managing the asset's value and facilitating investment in the property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$8,000,000.00
Monthly NOI$53,333.33
Monthly Debt Service$50,565.44
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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