Derby Copeland Capital Closes $15.35M Refinance Loan For Peak Capital Advisors In Long Island City
11 55 45th Avenue
$15,350,000
Building Size
—
Asset Type
Mixed-use
Closing
Sep 10, 2025
AI
The asset involved is a mixed-use property located at 11-55 45th Avenue in Long Island City. The refinancing loan closed for the amount of $15,350,000. The property serves the dual purpose of residential and commercial use within a dynamic market area.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $15,350,000
- Lender: Derby Copeland Capital
- Landlord: Peak Capital Advisors
- Loan Type: Refinance
- Transaction Date: 9/11/2025
Derby Copeland Capital, a New York City-based private equity firm, facilitated this refinancing loan specializing in opportunistic real estate-related debt financing and equity investments. The firm is also associated with Derby Copeland Management Group, LLC, which holds a registered investment adviser status.
Players
Long Island City Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.03%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93