Joseph E. Fingerman & Kenneth A. Stagnari Lend $1.75M Refinance Loan To Houlihan-Parnes
1143 1st Avenue
$1,750,000
Building Size
—
Asset Type
Mixed-use
Closing
Jan 19, 2026
About this deal
AI
The property located at 1143 1st Avenue is categorized as a mixed-use asset situated in the Upper East Side market. It involves a refinance loan transaction amounting to $1,750,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,750,000
- Lender: Joseph E. Fingerman & Kenneth A. Stagnari - Peapack Private Bank & Trust
- Landlord: Houlihan-Parnes
- Loan Type: Refinance
The key individuals in this transaction include Joseph E. Fingerman and Kenneth A. Stagnari, who represent Peapack Private Bank & Trust as the lenders for the loan. Houlihan-Parnes operates as the landlord in this deal.
On the Map
$1,750,000
Mixed-use
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Players
New York 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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93