Jake Soodek Of Hirshmark Capital Provides $3M Refinance Loan For 144 Franklin Street Brooklyn
144 Franklin Street
$3,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Oct 23, 2025
About this deal
AI
The property involved in this transaction is a mixed-use asset located at 144 Franklin Street in Brooklyn. The loan amount for this asset is $3,000,000, and it is categorized as a refinance loan.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,000,000
- Lender: Jake Soodek - Hirshmark Capital
- Landlord: Melissa Doughtery
- Loan Type: Refinance
- Date of Transaction: 10/23/2025
This transaction is facilitated by Jake Soodek representing Hirshmark Capital, who plays a significant role in the lending process, while Melissa Doughtery serves as the landlord for the property. The transaction underscores the continued interest in refinancing within the Brooklyn market.
On the Map
$3,000,000
Mixed-use
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Players
Brooklyn 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93