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1150 Broadway

Isaac Rabinowitz Of The Rabsky Group Secures $22.7M Acquisition Loan From Daryl Hagler & Allen Weinstein
FINANCEDLand

Isaac Rabinowitz Of The Rabsky Group Secures $22.7M Acquisition Loan From Daryl Hagler & Allen Weinstein

1150 Broadway

$22,700,000

Building Size

Asset Type

Land

Closing

Jul 31, 2026

AI

The transaction involves a land asset located at 1150 Broadway in the Brooklyn market, signifying a significant acquisition in the real estate sector. The loan amount structured for this deal is $22,700,000, which facilitates the acquisition of the property.

Summary of transaction details:

This transaction is led by key individuals, including Daryl Hagler and Allen Weinstein representing CDK Capital Group as lenders. The Rabsky Group, represented by Isaac Rabinowitz, acts as the borrower, while the landlord's interests are represented by Pinchas Vogel of Landstone Capital Group, indicating a well-structured partnership in this acquisition effort.

Players

Pinchas Vogel

Landstone Capital Group

Broker

$2.3B

vol

29 deals

Broker

Isaac Rabinowitz

The Rabsky Group

Buyer

$257.7M

vol

3 deals

Buyer

Daryl Hagler

CDK Capital Group

Lender

$507.2M

vol

10 deals

Lender
CDK Capital
CDK CapitalLender

Brooklyn Land Market Snapshot

Boundary boundary · Land · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.70%

Cash-on-Cash

-0.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93