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Sam Kooris Of Alchemy Ventures Secures $7.5M Loan For Mixed-Use Property Acquisition In New York

Property Image
FINANCED
$7,500,000
Jake Kahn

New York

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Mixed-use10,000 SF
Financed 03/14/2025
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Property Image
FINANCED

Sam Kooris Of Alchemy Ventures Secures $7.5M Loan For Mixed-Use Property Acquisition In New York

151 Avenue A

See Similar Deals
Mixed-use10,000 SF
Financed 03/14/2025
Jake Kahn
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$750
Total Square Footage:10,000 SF
Transaction Type:Loan

The property involved in this transaction is a mixed-use asset located at 151 Avenue A in Manhattan, covering a total square footage of 10,000. The loan amount secured for this acquisition is $7,500,000, with a loan type categorized as acquisition. The loan terms include a loan-to-value ratio of 70%, an interest rate of 6.48%, a two-year interest-only period, and flexible prepayment options.

Summary of transaction details:

Key individuals involved in this transaction include Sam Kooris, who represents Alchemy Ventures as the landlord. The financing was facilitated through Freddie Mac, with Jake Kahn from Dansker Capital Group acting as the broker for this deal. Their roles contributed to the successful securing of the acquisition loan.

Players

Jake Kahn
29 deals$406.7M volume(516) 660-8075
BROKER


Freddie Mac
LENDER

Sam Kooris
Alchemy Ventures
13 deals$76.6M volume
LANDLORD

Details

FINANCED
IMAGE: Sam Kooris, Bradley Cooper & Jake Kahn DATE: 03/14/2025 ADDRESS: 151 Avenue A MARKET: Manhattan ASSET TYPE: Mixed-use ~ SF: 10,000 LENDER: Freddie Mac (@FreddieMacCorp) LANDLORD: Sam Kooris - Alchemy Ventures BROKER: Jake Kahn - Dansker Capital Group (@DanskerCapitalGroup) LOAN AMOUNT: $7,500,000 LOAN TYPE: Acquisition LOAN TERMS: 70% LTV, 6.48% Rate, 2 Years Interest Only, Flex Prepay

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$7,500,000.00

Monthly NOI$50,000.00
Monthly Debt Service$47,405.10
Change in Cash Flow$0.00
Refinance Proceeds$0.00