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
About this deal
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.
On the Map
$4,250,000
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
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93