FINANCED
Derby Copeland Capital Provides $3.675M Acquisition Loan For 408 West 46th Street Multifamily
408 West 46th Street
MultiFamily
6,190 SF
6,190 SF
Summary
Loan
NEW YORK
MultiFamily
6,190 sqft
The property in question is located at 408 West 46th Street in the Hell's Kitchen area. It is a multifamily asset with a total square footage of 6,190. The property consists of 5 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,675,000
- Address: 408 West 46th Street
- Market: Hell's Kitchen
- Square Footage: 6,190
- Number of Units: 5
The lender for this transaction is Derby Copeland Capital, represented by Daniel Kaufman. They provided an acquisition loan amounting to $3,675,000. The borrowers, Alex Rabin & David Gomez, represented by Peak Capital Advisors, plan to utilize the remaining loan balance for construction purposes.
Derby Copeland Capital is a New York City based private equity firm specializing in opportunistic real estate related debt financing and equity investments. For any loan and preferred equity opportunities, please contact [email protected].
Read LessDetails
FINANCED
IMAGE: 10/01/2021
ADDRESS: 408 West 46th Street
MARKET: Hell's Kitchen
ASSET TYPE: Multifamily ~ SF: 6,190 ~ UNITS: 5
LENDER: Derby Copeland Capital - Daniel Kaufman
LANDLORD: Alex Rabin & David Gomez - Peak Capital Advisors
LOAN AMOUNT: $3,675,000
LOAN TYPE: Acquisition Loan
NOTE FROM LENDER: Derby Copeland advanced 75% of the purchase price at closing and the remaining loan balance will be used to fund the borrower’s construction. Derby Copeland Capital is a New York City based private equity firm that specializes in opportunistic real estate related debt financing and equity investments. Please send any loan and preferred equity opportunities to [email protected]View on map
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Address408 West 46th Street
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