FINANCEDHotel
Shaul Ashkenazi Secures $9.6 Million Acquisition Loan For Hotel At 143 Bowery
143 Bowery
$9,600,000
Building Size
—
Asset Type
Hotel
Closing
Aug 10, 2026
About this deal
AI
143 Bowery, located in the Lower East Side market, is the asset involved in this transaction. The property is classified as a hotel and is part of a loan transaction amounting to $9,600,000 aimed at acquisition.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $9,600,000
- Lender: Erez Britt & Haim Dadi - Golden Bridge
- Borrower: Shaul Ashkenazi
- Loan Type: Acquisition
The deal highlights involvement from Erez Britt and Haim Dadi, who represent Golden Bridge as the lender providing flexible financing solutions. Shaul Ashkenazi is the borrower engaged in this acquisition deal.
On the Map
$9,600,000
Hotel
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Players
New York Hotel Market Snapshot
Boundary boundary · Hotel · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.65%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93