Brian Popper & Mitchell Mekles Secure $12M Refinance From Webster Bank For 170 West 233rd Street
170 West 233rd Street
$12,000,000
$328/SF
Building Size
36,550 SF
Asset Type
Mixed-use
Closing
Sep 30, 2026
About this deal
AI
A mixed-use retail building located at 170 West 233rd Street in the Kingsbridge area of the Bronx is involved in this transaction. The asset encompasses a total square footage of 36,550 and has secured a refinancing loan amounting to $12,000,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $12,000,000
- Address: 170 West 233rd Street
- Market: Kingsbridge, Bronx
- Lender: Webster Bank
- Landlord: Brian Popper & Mitchell Mekles
- Loan Type: Refinance
- Loan Date: 09/30/2026
The landlords involved in this transaction are Brian Popper and Mitchell Mekles, who secured the refinancing from Webster Bank. Their collaboration in obtaining the loan for the mixed-use property at the specified address highlights their role in this financial agreement.
On the Map
$12,000,000
$328/SF
Mixed-use
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Players
Bronx 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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93