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Mixed Use

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139 West 28th Street

Ezra Sutton Of Meridian Capital Group Represents Santander Bank In $4,250,000 Refinance Loan
FINANCEDMixed-use

Ezra Sutton Of Meridian Capital Group Represents Santander Bank In $4,250,000 Refinance Loan

139 West 28th Street

$4,250,000

Building Size

Asset Type

Mixed-use

Closing

May 6, 2026

AI

The asset involved in this transaction is a mixed-use property located at 139 West 28th Street in Chelsea, Manhattan. The refinance loan amount secured for this property is $4,250,000.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,250,000
  • Lender: Santander Bank
  • Broker: Ezra Sutton - Meridian Capital Group
  • Loan Type: Refinance
  • Date: 5/7/2026

The deal involves broker Ezra Sutton representing the financing for this mixed-use property, facilitating the refinance through Santander Bank.

Players

Ezra Sutton

Meridian Capital Group

Broker

$570.5M

vol

28 deals

Broker
Santander Bank
Santander BankLender

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

3.73%

Cash-on-Cash

-1.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93