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Single Family Residence

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Manhasset

Alex Piroozian Of Washington Equity & Funding Corp Provides $2,000,000 Loan In Manhasset
FINANCEDSingle Family Residence

Alex Piroozian Of Washington Equity & Funding Corp Provides $2,000,000 Loan In Manhasset

$2,000,000

Building Size

Asset Type

Single Family Residence

Closing

Jul 17, 2026

AI

The asset involved in this transaction is a single-family residence (SFR) located in Manhasset, NY. The loan amount for this acquisition is $2,000,000, which will be utilized for both the purchase and construction of the property.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $2,000,000
  • Lender: Alex Piroozian - Washington Equity & Funding Corp
  • Loan Type: Acquisition
  • Loan Terms: 12 Months Acquisition & Construction

The transaction was funded at 100% of the purchase price and 100% of the construction costs. Alex Piroozian represents Washington Equity & Funding Corp, a direct private lender with over 25 years of experience serving the private real estate investment community.

Players

Alex Piroozian

Lender

$12.6M

vol

9 deals

Lender

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

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93