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Fred Ohebshalom Secures $21.5 Million Refinance Loan For Mixed-Use Property In Manhattan

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FINANCED
$21,500,000

New York

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Mixed-use
Financed 05/01/2026
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Property Image
FINANCED

Fred Ohebshalom Secures $21.5 Million Refinance Loan For Mixed-Use Property In Manhattan

261 West 21st Street

See Similar Deals
Mixed-use
Financed 05/01/2026
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Summary

NEW YORK
Asset Type:Mixed-use
Transaction Type:Loan

The asset involved in this transaction is a mixed-use property located at 261 West 21st Street in Manhattan. The property was refinanced with a loan amount of $21,500,000.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $21,500,000
  • Lender: Derby Copeland
  • Landlord: Fred Ohebshalom
  • Landlord's Representative: Jonathan Aghravi - JBA Equities
  • Loan Type: Refinance
  • Date of Transaction: 5/1/2026

This transaction involved key individuals such as Fred Ohebshalom, who is the landlord of the property. Jonathan Aghravi represented the landlord in this refinancing arrangement through his agency, JBA Equities, facilitating the financial transaction with Derby Copeland.

Players

Jonathan Aghravi
48 deals$1.6B volume(212) 366-0364
BROKER

Fred Ohebshalom
8 deals$282.4M volume
LANDLORD

Details

FINANCED
IMAGE: Jonathan Aghravi & Fred Ohebshalom DATE: 5/1/2026 ADDRESS: 261 West 21st Street MARKET: Manhattan ASSET TYPE: Mixed-use LENDER: Derby Copeland LANDLORD: Fred Ohebshalom LANDLORD'S REP: Jonathan Aghravi (@JonnyAghravi) - JBA Equities (@JBAEquitiesLLC) LOAN AMOUNT: $21,500,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$21,500,000.00

Monthly NOI$143,333.33
Monthly Debt Service$135,894.63
Change in Cash Flow$0.00
Refinance Proceeds$0.00