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140 Fulton Street

Travis Stabler Of Rivington Company Purchases Development Site From Bank Hapoalim For $26M
SOLDIndustrial

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

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.

Players

RC
Rivington CompanyBuyer

New York Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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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