Juan Pablo Lopez Secures $845,000 Bridge Loan In Brooklyn Transaction
FINANCED
$845,000
New York
See Similar DealsSingle Family Residence2,604 SF
Financed 04/02/2021
FINANCED
Juan Pablo Lopez Secures $845,000 Bridge Loan In Brooklyn Transaction
Brooklyn, New York, United States
See Similar DealsSingle Family Residence2,604 SF
Financed 04/02/2021
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$324
Total Square Footage:2,604 SF
Transaction Type:Loan
A bridge loan of $845,000 was recently secured for a single-family home located in Brooklyn. The property spans approximately 2,604 square feet and is owned by Juan Pablo Lopez. The loan was provided by Yonel Devico of Crosby Capital.
Summary of Transaction Details
- Property Type: Single-Family Home
- Transaction Amount: $845,000
- Market: Brooklyn
- Asset Type: SFR
- Square Footage: 2,604
Yonel Devico, representing Crosby Capital, facilitated the bridge loan for this property owned by Juan Pablo Lopez.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$845,000.00
Monthly NOI$5,633.33
Monthly Debt Service$5,340.97
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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