Jerry Lebedowicz Secures $5 Million Refinance Loan From Dime Bank For 185 Bedford Avenue
185 Bedford Avenue
$5,000,000
Units
16
Asset Type
Mixed-use
Closing
Oct 20, 2026
About this deal
AI
The asset involved in this transaction is a mixed-use property located at 185 Bedford Avenue in Brooklyn, consisting of 2 commercial units and 16 residential units. The refinancing was conducted for a total loan amount of $5,000,000 with a three-year term, and the rate was quoted and closed below 6%.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,000,000
- Address: 185 Bedford Avenue
- Market: Brooklyn
- Units: 16 (2 Commercial & 16 Residential)
- Lender: Dime Bank
- Borrower: Jerry Lebedowicz
- Brokers: Shamir Seidman, Jack Hayes, Jeff Feldman & Judah Hammer - CBRE
- Loan Type: Refinance
- Loan Terms: 3 year term
The transaction was facilitated by brokers Shamir Seidman, Jack Hayes, Jeff Feldman, and Judah Hammer from CBRE, highlighting their role in securing the refinancing for the property at the corner of North 7th Street.
On the Map
$5,000,000
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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93