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15- Unit Multifamily | Fort Greene

$5,850,000

84 Lafayette Avenue, Brooklyn, NY 11217

Active
Last Updated: 01/24/2025

6.4

Cap Rate

11,000 sqft

Building Size

Details:
Cap Rate:    6.4%
Building Size:    11,000 sqft
Lot Area:    2,400 sqft
Units:    16
Year Built:    1930
Price Per Sqft:    $532
Floors:    4
Description:

• 4-story turn-key consisting of 15 large apartments and 1 commercial space
• 50% Free-Market
• The property is located near a busy retail corridor in Fort Greene, near shopping, dining and entertainment options
• Within walking distance to the Lafayette Avenue Station ( A, C trains)

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Today's Available Mortgage Rates

84 Lafayette Avenue, Brooklyn, New York 11217

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 05/31/2025
AgencyLender #634
5 Year Fixed
30 Year Amortization
Interest rate 5.81% 5 Year Fixed
Mo. Payment$18,556 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 54% LTV $8,500 Lender fees
Loan Amount $3,159,000 Loan Amount
Details
AgencyLender #634
7 Year Fixed
30 Year Amortization
Interest rate 5.84% 7 Year Fixed
Mo. Payment$18,616 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 54% LTV $8,500 Lender fees
Loan Amount $3,159,000 Loan Amount
Details
AgencyLender #634
10 Year Fixed
30 Year Amortization
Interest rate 5.94% 10 Year Fixed
Mo. Payment$18,818 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 54% LTV $8,500 Lender fees
Loan Amount $3,159,000 Loan Amount
Details
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CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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