Updated Oct 30, 2025
Travis Stabler Of Rivington Company Purchases Development Site From Bank Hapoalim For $26M
140 Fulton Street
$26,000,000
Building Size
—
Asset Type
Industrial
Closing
Oct 29, 2025
About this deal
AI
The property asset involved in this transaction is a vacant development site located at 140 Fulton Street in Manhattan’s Financial District. It is classified as an industrial asset, with a transaction amount of $26 million.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $26,000,000
- Buyer: Travis Stabler
- Buyer’s Company: Rivington Company
- Seller: Bank Hapoalim (BHI)
This transaction highlights the roles of key stakeholders, including the buyer, Travis Stabler, who represents the Rivington Company, and the seller, Bank Hapoalim (BHI), who successfully sold the vacant site.
On the Map
$26,000,000
Industrial
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Players
New York Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93