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
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.
Players
Brooklyn Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
Loading comparables…
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