Kings County · Brooklyn, NY
Brooklyn investors face the highest-priced 2–4 unit stock in the country outside Manhattan, paired with strong rent growth across Bed-Stuy, Crown Heights, East New York, and Bushwick. Getting the right loan structure — especially on a DSCR that actually cash-flows under NYC rent-stabilization rules — is the difference between a 10% cash-on-cash deal and a stranded asset.
Our edge here: We've closed DSCR loans on rent-stabilized Brooklyn buildings where national lenders auto-declined. Local DHCR registration and rent-roll underwriting expertise matters.
Property and project review
These property categories reflect Brooklyn locations in our deal history. The right structure depends on the current property, sponsor and business plan. A reviewed scenario does not by itself represent a funded transaction.
Separate residential rents from commercial lease income. Identify each space’s legal use, occupancy, expense obligations and rollover dates before combining the cash flow in one financing model.
Identify the property cash flow, sponsor equity and the event that repays the loan. Acquisition, refinance and repositioning scenarios need different support for value, timing and net proceeds.
Reconcile the rent roll to collections and trailing operating statements. Show current income separately from the stabilized plan, including vacancy, concessions, repairs and the cost of leasing vacant units.
Start with the actual lease, current property expenses and the proposed payment. A refinance also needs the existing payoff, seasoning and a clear use of proceeds.
30-year fixed. No personal DTI. Closes on property cash flow.
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Up to 90% LTC. 75% ARV. 12-month terms.
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Underwritten on AirDNA revenue, not LTR shadow rents.
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5+ unit apartment buildings. Bridge, value-add, and long-term.
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Fast, flexible capital for time-sensitive acquisitions.
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Fund the build. Refinance into a DSCR on stabilization.
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