Updated Sep 11, 2026
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
- Property Type: Mixed-Use
- Transaction Amount: $48,000,000
- Address: 8 Carlisle Street, Financial District, Manhattan
- Lender: Naftali Group
- Landlord: Grubb Properties
- Brokers: Brandon Serota, Morris Betesh & Omar Ferreira - Meridian Capital Group
- Loan Type: Refinance
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
$48,000,000
Development Site
View full map
Players
Sunshine Coast Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
Loading comparables…
Deal FAQ
Browse Sunshine Coast development site loans on Traded.
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