FINANCEDMixed-use
Morris Dabbah & Zachary Strauss Of Arrow Real Estate Advisors Secure $3.8M Acquisition Loan In Greenwich Village
231 Sullivan Street
$3,800,000
Building Size
—
Asset Type
Mixed-use
Closing
Mar 18, 2026
AI
The property involved in this transaction is a mixed-use asset located at 231 Sullivan Street in the Greenwich Village market. The loan amount secured for this acquisition is $3,800,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,800,000
- Loan Type: Acquisition
- Address: 231 Sullivan Street
- Market: Greenwich Village
- Landlord's Representative: Morris Dabbah & Zachary Strauss - Arrow Real Estate Advisors
The deal is represented by Morris Dabbah and Zachary Strauss from Arrow Real Estate Advisors, showcasing their role in facilitating the transaction for the landlord.
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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93