facebook
Traded Co logo
Submit

Winston Capital Management Provides $4.3M Refinance Loan For 98 Degraw St. In Brooklyn

Property Image
FINANCED
$4,300,000
David Burstyn
KJ

New York

See Similar Deals
Single Family Residence3,200 SF
Financed 04/04/2022
the dealplayerscompscontact
Property Image
FINANCED

Winston Capital Management Provides $4.3M Refinance Loan For 98 Degraw St. In Brooklyn

98 Degraw Street, Brooklyn, New York 11231, United States

See Similar Deals
Single Family Residence3,200 SF
Financed 04/04/2022
David Burstyn
KJ
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$1,343
Total Square Footage:3,200 SF
Transaction Type:Loan

Located at 98 Degraw St. in Brooklyn, this single-family home offers 3,200 square feet of living space. The property was recently involved in a refinance loan transaction.

Summary of transaction details

  • Property Type: Single Family Residential
  • Transaction Amount: $4,300,000
  • Date: 04/04/2022
  • Market: Brooklyn
  • Asset Type: SFR
  • SF: 3,200

The lender for this transaction was Winston Capital Management, a company that specializes in providing business purpose loans to real estate investors. The loan, which amounted to $4,300,000, had a term of 2 years and was used to refinance the property. The landlord in this transaction was 98 Degraw Kjr, represented by Kerby Jean-Raymond.

Winston Capital Management expressed their love for New York and encouraged anyone with a deal in the area that needs funding to reach out to them. Brokers are protected in these transactions. For more information, you can contact DM @DavidBurstyn.

Players

David Burstyn
Winston Capital Management
David Burstyn
37 deals$694.4M volume(305) 507-7479
BROKER
Winston Capital Management
Winston Capital Management
LENDER
KJ
Kerby Jean-Raymond
3 deals$15.8M volume
LANDLORD
KJ
Kerby Jean-Raymond
3 deals$15.8M volume
LANDLORD

Details

FINANCED
IMAGE: David Burstyn DATE: 04/04/2022 ADDRESS: 98 Degraw St. MARKET: Brooklyn ASSET TYPE: SFR ~ SF: 3,200 LENDER: Winston Capital Management LANDLORD: 98 Degraw Kjr - Kerby Jean-Raymond LOAN AMOUNT: $4,300,000 LOAN TYPE: Refinance LOAN TERMS: 2 year NOTE FROM LENDER: We LOVE NY… if you or a client has a deal in NY that needs funding DM @DavidBurstyn brokers protected Winston Capital only provides business purpose loans to real estate investors.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$4,300,000.00

Monthly NOI$28,666.67
Monthly Debt Service$27,178.93
Change in Cash Flow$0.00
Refinance Proceeds$0.00