Morris Betesh & Louis Halperin Of Arrow Real Estate Advisors Secures $26.2M Refinance Loan In Sag Harbor
$26,200,000
Building Size
—
Asset Type
Single Family Residence
Closing
May 3, 2026
AI
The asset involved in this transaction is a single-family residence located at 2 West Water Street in Sag Harbor. The property is significant due to its refinance loan amount of $26,200,000.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $26,200,000
- Loan Type: Refinance
- Landlord's Representative: Louis Halperin & Morris Betesh - Arrow Real Estate Advisors
- Date of Transaction: 5/4/2026
The deal highlights the involvement of Louis Halperin and Morris Betesh, who represented the landlord in this transaction, showcasing their role in facilitating the refinance process for the property.
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
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93