S3 Capital Partners Provides $13 Million Construction Loan For West Village SFR Transaction
$13,000,000
$1,661/SF
Building Size
7,823 SF
Asset Type
Single Family Residence
Closing
Dec 4, 2026
AI
The asset involved in this transaction is a Single Family Residence (SFR) located in West Village, Manhattan, with a square footage of 7,823. The loan amount secured for this property is $13,000,000, categorized as a construction loan.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $13,000,000
- Market: West Village, Manhattan
- Asset Square Footage: 7,823
- Lender: Robert Schwartz & Steven Jemal - S3 Capital Partners
- Loan Type: Construction
Key individuals involved in this transaction include Robert Schwartz and Steven Jemal, who represent S3 Capital Partners, a prominent capital provider specializing in financing multifamily transactions across various markets. For any inquiries, contact information for S3 Capital is [email protected].
Players
Market 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
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93