facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Mixed Use

/

Loan

/

138 Ludlow Street

Updated Apr 17, 2026

Delshah Capital Secures $14.1 Million Refinance Loan At 138 Ludlow Street Lower East Side
FINANCEDMixed-use

Delshah Capital Secures $14.1 Million Refinance Loan At 138 Ludlow Street Lower East Side

138 Ludlow Street

$14,100,000

Building Size

Asset Type

Mixed-use

Closing

Mar 11, 2026

About this deal

AI

The property asset involved in the transaction is located at 138 Ludlow Street in the Lower East Side market. It is categorized as a mixed-use asset and has a loan amount of $14,100,000 associated with it as part of a refinance deal.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $14,100,000
  • Lender: Joseph E. Fingerman & Zachary Bermudez - Peapack Private Bank & Trust
  • Landlord: Delshah Capital
  • Loan Type: Refinance
  • Date: 3/12/2026

Joseph E. Fingerman and Zachary Bermudez represent Peapack Private Bank & Trust in the lending aspect of this transaction, while Delshah Capital serves as the landlord for the property involved.

Players

Peapack Private Bank & Trust
Peapack Private Bank & TrustLender

Joseph E. Fingerman

Peapack Private Bank & Trust

Lender

$207.1M

vol

25 deals

Lender
Delshah Capital
Delshah CapitalLandlord

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

Loading comparables…

Deal FAQ

Visit Joseph E. Fingerman to view all their deals.

Browse New York mixed use loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.13%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets