Updated Oct 13, 2026
Michael Hoffenberg & Charlie Zabriskie Of Trevian Capital Provide $4.3M Refinance Loan In Jersey City
$4,300,000
$307/SF
Building Size
14,000 SF
Asset Type
Retail
Closing
May 21, 2025
About this deal
AI
The property asset involves a retail space encompassing 14,000 square feet located in Jersey City. The loan amount for this asset stands at $4,300,000, and it is classified as a refinance loan.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,300,000
- Loan Type: Refinance
- Lender: Michael Hoffenberg & Charlie Zabriskie - Trevian Capital
The deal features Michael Hoffenberg and Charlie Zabriskie representing Trevian Capital as the lenders involved in this transaction, contributing their expertise in the loan process for the outlined retail property.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93