Updated Sep 18, 2026
Shawn Safdie Of S3 Capital Provides $6 Million Construction Loan For Clinton Hill SFR Project
$6,000,000
Building Size
—
Asset Type
Single Family Residence
Closing
Sep 1, 2026
About this deal
AI
The transaction involves a loan for the ground-up construction of three adjacent townhomes in Clinton Hill, Brooklyn. The loan amount is $6,000,000, classified as a construction loan, facilitated by Shawn Safdie, a representative from S3 Capital.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $6,000,000
- Lender: Shawn Safdie - S3 Capital
- Loan Type: Construction
- Market: Clinton Hill, Brooklyn
S3 Capital is recognized as a leading capital provider actively financing multifamily transactions across various markets, ranging from New York to Texas, and focuses on loan opportunities exceeding $1 million. For any inquiries regarding the transaction, interested parties may contact Shawn Safdie at [email protected].
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93