FINANCED
Equitas Capital Group Provides $3.25M Loan For Multifamily Property On Clarkson Avenue, Prospect Lefferts Gardens
61 Clarkson Avenue
MultiFamily
7,568 SF
7,568 SF
Financed 1 year ago
Summary
Loan
NEW YORK
MultiFamily
7,568 sqft
A multifamily property located at 61 Clarkson Avenue in Prospect Lefferts Gardens has been involved in a recent loan transaction. The loan amount for this transaction was $3,250,000. The terms of the loan include a 4.50% interest rate, a term of 18 months with the possibility of 6 months extensions, and an interest-only amortization. The loan-to-cost ratio (LTC) for this transaction was 70% and there are no prepayment penalties.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,250,000
- Address: 61 Clarkson Avenue
- Market: Prospect Lefferts Gardens
The broker involved in this transaction is Alex Leykind from Equitas Capital Group. Equitas Capital Group specializes in new construction and bridge loan financing. They have been actively involved in financing new developments. If you are looking for financing for your next project, you can reach out to Equitas Capital Group at 646-637-7510.
Players
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2
Agents
1
Agencies
1
Details
FINANCED
IMAGE: @AlexLeykind1
DATE: 05/25/2021
ADDRESS: 61 Clarkson Avenue
MARKET: Prospect Lefferts Gardens
ASSET TYPE: Multifamily
BROKER: @AlexLeykind1 - @EquitasCapitalGroup
LOAN AMOUNT: $3,250,000
LOAN TERMS: Loan Amount: $3,250,000. Rate: 4.50%. Term: 18 months with 6 months extensions. Amortization: Interest Only. LTC: 70%. PrePayment: None.
NOTE FROM @EquitasCapitalGroup: At Equitas Capital Group we have been very active in new construction financing.
Please reach out to us for any New Construction or Bridge Loan financing. Let us know how can we help you finance your next new development 646-637-7510View on map
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Address61 Clarkson Avenue
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