facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Mixed Use

/

Loan

/

500 New York Avenue

Gabby Cali & Gregory Pope Of Cali Capital Secures $850,000 Refinance Loan For Mixed-Use Asset In Union City
FINANCEDMixed-use

Gabby Cali & Gregory Pope Of Cali Capital Secures $850,000 Refinance Loan For Mixed-Use Asset In Union City

500 New York Avenue

$850,000

$142/SF

Building Size

5,975 SF

Asset Type

Mixed-use

Closing

Jan 15, 2026

AI

The property involved in this transaction is a mixed-use asset located at 500 New York Avenue in Union City. It encompasses a total square footage of 5,975 and includes 10 units, consisting of 7 apartments and 3 commercial spaces. The loan amount secured for this property is $850,000, categorized as a refinance.

Summary of transation details:

  • Property Type: Mixed-use
  • Transaction Amount: $850,000
  • Loan Type: Refinance
  • Loan Terms: 6.00% Rate, 5-Year Fixed, 30-Year Term, 30-Year Amortization
  • Date: 01/16/2026
  • Market: Union City
  • Address: 500 New York Avenue
  • Asset Square Footage: 5,975
  • Units: 10 (7 Apartments + 3 Commercial)
  • Brokers: Gabby Cali & Gregory Pope - Cali Capital

In this transaction, Gabby Cali serves as the CEO and Gregory Pope as the Analyst, both representing the broker agency Cali Capital. Interested parties can reach out to Gabby Cali at 732-962-3242 or [email protected], and Gregory Pope at 469-616-4140 or [email protected] to discuss financing options and loan structuring.

Players

Gabby Cali

Cali Capital

Broker

$157.7M

vol

32 deals

Broker

Union City Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

18.66%

Cash-on-Cash

-5.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93