Canvas PG Secures $6,800,000 Refinance Loan For Mixed-Use Asset In Soho From Peapack Private Bank & Trust
156 Prince Street
$6,800,000
Building Size
—
Asset Type
Mixed-use
Closing
Jun 1, 2026
About this deal
AI
The asset involved in this transaction is a mixed-use property located at 156 Prince Street in the Soho market of Manhattan. The property has a loan amount of $6,800,000, which was secured through a refinance arrangement.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $6,800,000
- Lender: Joseph E. Fingerman & Kenneth A. Stagnari - Peapack Private Bank & Trust
- Landlord: Canvas PG
- Loan Type: Refinance
- Date: 6/2/2026
The individuals involved in this transaction include lenders Joseph E. Fingerman and Kenneth A. Stagnari, who represent Peapack Private Bank & Trust in this deal. They facilitated the loan for Canvas PG, the landlord of the property.
On the Map
$6,800,000
Mixed-use
View full map
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Browse New York mixed use loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93