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135 William Street

Updated Apr 20, 2026

Nathan Berman And Marc Fried's MetroLoft Secures $20 Million Loan For 135 William Street
FINANCEDMixed-use

Nathan Berman And Marc Fried's MetroLoft Secures $20 Million Loan For 135 William Street

135 William Street

$20,000,000

Units

30

Asset Type

Mixed-use

Closing

Apr 6, 2026

About this deal

AI

The property asset involved in this transaction is located at 135 William Street, which consists of mixed-use space with a total of 32 units, including 2 commercial and 30 residential units. The loan amount secured for this asset is $20,000,000, with permanent financing being the chosen loan type. This property is situated in the Financial District.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $20,000,000
  • Units: 32 (2 Commercial & 30 Residential)
  • Address: 135 William Street
  • Market: Financial District
  • Lender: Joe Dyckman, Eric Mirvis & Erica Engel - Citi Bank
  • Landlord: Nathan Berman & Marc Fried - MetroLoft
  • Brokers: Max Herzog, Marko Kazanjian, Andrew Cohen & Max Hulsh - Institutional Property Advisors

The transaction involved several key individuals representing different stakeholders. The lender team from Citi Bank includes Joe Dyckman, Eric Mirvis, and Erica Engel. The landlord representation comes from Nathan Berman and Marc Fried of MetroLoft. Additionally, the brokers completing the deal are Max Herzog, Marko Kazanjian, Andrew Cohen, and Max Hulsh, all affiliated with Institutional Property Advisors.

On the Map

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$20,000,000

Mixed-use

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Players

Marko Kazanjian

Institutional Property Advisors

Broker

$5.4B

vol

71 deals

Broker
CB
Citi BankLender
Nathan Berman

Nathan Berman

MetroLoft Management

Landlord

$4.7B

vol

20 deals

Landlord
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New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Deal FAQ

About $666.7K per unit across 30 units on a published $20M (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.79%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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