FINANCED
Equitas Capital Group Provides $4.75M Construction Loan For Multifamily Property In NYC
31 18 30th street
MultiFamily
15,000 SF
15,000 SF
Financed 1 year ago
Summary
Loan
NEW YORK
MultiFamily
15,000 sqft
The property involved in this closed transaction is a 14-unit multifamily building located at 31-18 30th Street in New York City. The property spans approximately 15,000 square feet.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $4,750,000
- Loan Type: Construction
- Loan Terms: Rate: Prime Based, LTC: 60%, LTV: 50%, Term: 21 months, Amortization: Interest Only
The transaction was facilitated by Equitas Capital Group, with brokers Alex Leykind and Michael Fey representing the parties involved. Equitas Capital Group specializes in finding tailor-made solutions for commercial real estate financing needs and prioritizes building strong relationships with its clients.
To inquire about your next commercial property financing, you can contact Equitas Capital Group at 646-637-7510 or via email at [email protected].
Players
All
3
Agents
2
Agencies
1
Details
FINANCED
IMAGE: Alex Leykind & Michael Fey
DATE: 12/29/2022
ADDRESS: 31-18 30th Street
MARKET: New York City
ASSET TYPE: Multifamily ~ SF: 15,000 ~ UNITS: 14
BROKERS: Alex Leykind (@Alexleykind1) & Michael Fey (@MichaelFey_CRE) - Equitas Capital Group (@EquitasCapitalGroup)
LOAN AMOUNT: $4,750,000
LOAN TYPE: Construction
LOAN TERMS: Rate: Prime Based, LTC: 60% , LTV: 50%, Term: 21 months, Amortization: Interest Only
NOTE FROM BROKER: Equitas Capital Group specializes in finding tailor-made solutions to your Commercial Real Estate Financing needs. As a relationship-driven firm, we invest time and resources in our clients, understanding their needs and challenges, and viewing each loan from their individual perspective.
Please reach out to Equitas Capital Group and to learn how we can help you finance your next commercial property at 646-637-7510 or email [email protected]View on map
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Address31 18 30th street
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