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:
- Property Type: Land
- Transaction Amount: $22,700,000
- Lender: Daryl Hagler & Allen Weinstein - CDK Capital Group
- Borrower: Isaac Rabinowitz - The Rabsky Group
- Landlord's Representative: Pinchas Vogel - Landstone Capital Group
- Loan Type: Acquisition
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
Brooklyn Land Market Snapshot
Boundary boundary · Land · Loan transactions
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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