Lichtenstein Family Secures $3,300,000 Acquisition Loan For Mixed-Use Property At 212 Bowery
212 Bowery
$3,300,000
Building Size
—
Asset Type
Mixed-use
Closing
Aug 17, 2026
About this deal
AI
The property involved in this transaction is a mixed-use asset located at 212 Bowery in the Nolita market. The borrower for this deal is the Lichtenstein Family, who has secured a loan amounting to $3,300,000 intended for acquisition purposes.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,300,000
- Lender: Jonnie Haber - Hirshmark Capital
- Borrower: Lichtenstein Family
- Loan Type: Acquisition
- Date: 08/17/2026
This transaction includes key individuals and firms such as Jonnie Haber representing Hirshmark Capital, indicating the involvement of a notable lender in the financing of the acquired property. The financial arrangement underlines the Lichtenstein Family's strategic investment through the acquisition loan secured from Hirshmark Capital.
On the Map
$3,300,000
Mixed-use
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Players
New York 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93