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LendIQ Provides $1.3 Million Bridge Loan For SFR In Atlantic Beach With Landlord Uriel Dostov

Property Image
FINANCED
$1,312,000

New York

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Single Family Residence3,273 SF
Financed 07/23/2025
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Property Image
FINANCED

LendIQ Provides $1.3 Million Bridge Loan For SFR In Atlantic Beach With Landlord Uriel Dostov

Single Family Residence3,273 SF
Financed 07/23/2025
the dealplayerscompscontact
Contact now

Summary

Asset Type:Single Family Residence
Price Per Square Foot:$400
Total Square Footage:3,273 SF
Transaction Type:Loan

The asset involved in this transaction is a single-family residence (SFR) located in East Atlantic Beach, New York, with a total square footage of 3,273. The loan amount for this property is $1,312,000 with a bridge loan for a duration of 12 months.

Summary of transation details:

  • Property Type: SFR
  • Transaction Amount: $1,312,000
  • Lender: Nazar Nazarov - LENDIQ
  • Landlord: Uriel Dostov - Argentum Management Group
  • Loan Type: Bridge
  • Loan Terms: 12 Months
  • Market: East Atlantic Beach
  • LTC Percentage: 87.5%
  • Construction Loan Coverage: 100%

Nazar Nazarov, representing LENDIQ, facilitated the bridge loan, demonstrating LendIQ's dedication to supporting acquisitions in various asset classes during uncertain market conditions. Uriel Dostov, as the landlord, is associated with Argentum Management Group, highlighting the involvement of experienced operators in the transaction.

Players

LENDIQ
LENDIQ
LENDER
LENDIQ
LENDIQ
LENDER

Details

FINANCED
IMAGE: Nazar Nazarov DATE: 7/24/2025 MARKET: East Atlantic Beach ASSET TYPE: SFR ~ SF: 3,273 LENDER: Nazar Nazarov (@NazarovIsTheName) - LENDIQ (@LendIQLLC) LANDLORD: Uriel Dostov (@Uriel.Dostov) - Argentum Management Group (@Argentum.NYC) LOAN AMOUNT: $1,312,000 LOAN TYPE: Bridge LOAN TERMS: 12 Months NOTE FROM LENDER: LendIQ Provides $1.3 Million Bridge Loan For Luxury SFR In Atlantic Beach, NY LendIQ facilitated a 87.5% LTC purchase and 100% Construction loan for this luxury single-family residence in the tony neighborhood of Atlantic Beach, Long Island. LendIQ has a firm commitment to support all types of asset class acquisitions with experienced operators, despite market hesitations. For any inquiries regarding multi-family, single family, mixed use and portfolio loans, dont hesitate to call 1-888-6-LENDIQ or via email at [email protected]

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$1,312,000.00

Monthly NOI$8,746.67
Monthly Debt Service$8,292.73
Change in Cash Flow$0.00
Refinance Proceeds$0.00