Bert R. Dweck Of Hirshmark Capital Provides $1.5 Million Refinance Loan To Raja Family In Bronx
237 East 207th Street
$1,500,000
Building Size
—
Asset Type
Development Site
Closing
Jul 31, 2025
AI
The property asset involved in this transaction is a development site located at 237 East 207th Street in the Bronx. The site covers a square footage of 49,830 and is associated with a refinance loan amounting to $1,500,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,500,000
- Lender: Bert R. Dweck - Hirshmark Capital
- Landlord: Raja Family
- Loan Type: Refinance
- Date of Transaction: 8/1/2025
The deal involves Bert R. Dweck acting on behalf of Hirshmark Capital as the lender, facilitating the refinance loan for the Raja Family, who are the landlords associated with the property site at the specified address.
Players
Bronx Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93