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237 East 207th Street

Bert R. Dweck Of Hirshmark Capital Provides $1.5 Million Refinance Loan To Raja Family In Bronx
FINANCEDDevelopment Site

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

Bert R. Dweck

Lender

$105.8M

vol

23 deals

Lender
Hirshmark Capital
Hirshmark CapitalLender

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