facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Development Site

/

Loan

/

8 Carlisle St New York, Ny ...

Updated Sep 11, 2026

FINANCEDDevelopment Site

Naftali Group Refinances Mixed-Use Property In Financial District For $48M

8 Carlisle St New York, Ny 10006, Usa

$48,000,000

Building Size

—

Asset Type

Development Site

Closing

Jul 13, 2023

About this deal

AI

The mixed-use property located at 8 Carlisle Street in the Financial District of Manhattan has undergone a refinancing transaction. The loan, in the amount of $48,000,000, was facilitated by Naftali Group, serving as the lender. The property is owned by Grubb Properties.

Summary of transaction details

The transaction was facilitated by Brandon Serota, Morris Betesh, and Omar Ferreira from the Meridian Capital Group, representing the parties involved in the deal.

On the Map

Open live map

$48,000,000

Development Site

View full map

Players

Brandon Serota

Arrow Real Estate Advisors

Broker

$1.1B

vol

17 deals

Broker
Naftali Group
Naftali GroupLender
Grubb Properties
Grubb PropertiesLandlord
Bilt advertisement

Sunshine Coast Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

Loading comparables…

Deal FAQ

Visit Omar Ferreira to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.33%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets