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9 Zabriskie Street

Hamerman Family Secures $1,750,000 Construction Loan From Michael Tsor Of Broadview Funding
FINANCEDMultiFamily

Hamerman Family Secures $1,750,000 Construction Loan From Michael Tsor Of Broadview Funding

9 Zabriskie Street

$1,750,000

Building Size

Asset Type

MultiFamily

Closing

Jul 30, 2026

AI

The property asset involved in this transaction is located at 9 Zabriskie Street in Jersey City, classified as multifamily. A construction loan has been secured for the amount of $1,750,000 with a term of 24 months.

Summary of transaction details:

Key individuals involved in the deal include Michael Tsor, who represents Broadview Funding, a private debt fund specializing in construction, bridge, and DSCR loans across the Tri-State area and Florida. The borrower for this loan is the Hamerman Family.

Players

Michael Tsor

Broadview Funding

Lender

$29.3M

vol

10 deals

Lender

Jersey City 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

9.06%

Cash-on-Cash

-2.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93