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Brooklyn, New York, United ...

Updated Nov 17, 2023

Bilt advertisement
Juan Pablo Lopez Secures $845,000 Bridge Loan In Brooklyn Transaction
FINANCEDSingle Family Residence

Juan Pablo Lopez Secures $845,000 Bridge Loan In Brooklyn Transaction

Brooklyn, New York, United States

$845,000

$324/SF

Building Size

2,604 SF

Asset Type

Single Family Residence

Closing

Apr 2, 2021

About this deal

AI

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.

The single family residence loan at Brooklyn, New York, United States in Brooklyn, New York financed for $845K in 2021. The building is 2,604 square feet, implying about 324 per square foot on the published price. This page is the Brooklyn, New York file for the Brooklyn, New York, United States single family residence financed: pricing, party profiles, and other closed single family residence comps from the same Brooklyn sit in the Market section below. Filter that Brooklyn single family residence set by closing date to see what else financed near Brooklyn, New York, United States around 2021. Published consideration for Brooklyn, New York, United States is $845K, dated 2021. Cite this Juan Pablo Lopez Secures $845,000 Bridge Loan In Brooklyn Transaction loan when underwriting similar single family residence product around Brooklyn, New York.

Players

Crosby Capital
Crosby CapitalLender

Brooklyn Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

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Deal FAQ

About $324 per square foot on a published $845K for 2,604 square feet (2021).

Browse New York single family residence loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

18.77%

Cash-on-Cash

-5.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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