Updated Oct 14, 2026
Jake Soodek & Igor Vaysberg Of Hirshmark Capital Provide $5.6M Refinance Loan For Firoz Chunara
86 16 60th Avenue
$5,600,000
$56/SF
Building Size
100,000 SF
Asset Type
MultiFamily
Closing
Jul 10, 2025
About this deal
AI
The asset involved is a MultiFamily property located at 86-16 60th Avenue in the Middle Village market. The square footage of the property is 100,000. The loan amount for the refinancing transaction is $5,600,000.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $5,600,000
- Lender: Jake Soodek & Igor Vaysberg - Hirshmark Capital
- Landlord: Firoz Chunara
- Loan Type: Refinance
- Date: 7/11/2025
Key individuals involved in this transaction include Jake Soodek and Igor Vaysberg, who represent Hirshmark Capital as lenders in this refinancing deal. Firoz Chunara is identified as the landlord associated with the property.
On the Map
$5,600,000
$56/SF
MultiFamily
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Players
Mecosta MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93