Ari Davis Of Tannenbaum Helpern Represents Borrower In $25M Refinance Loan By Apple Bank
200 East 15th Street
$25,000,000
Units
213
Asset Type
Mixed-use
Closing
Nov 24, 2025
About this deal
AI
The property involved in this transaction is a mixed-use asset located at 200 East 15th Street in the Gramercy Park market. The asset comprises 213 units and has a refinance loan amounting to $25,000,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $25,000,000
- Lender: Apple Bank
- Brokers: Avi Weinstock & Daniel Neiss - Meridian Capital Group
- Borrower's Attorney: Ari Davis - Tannenbaum Helpern
- Date: 11/25/2025
The key individuals involved in this transaction include Avi Weinstock and Daniel Neiss from Meridian Capital Group, who acted as brokers, while Ari Davis from Tannenbaum Helpern represented the borrower as legal counsel.
On the Map
$25,000,000
Mixed-use
View full map
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Visit Daniel Neiss to view all their deals.
Browse New York mixed use loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93