Jake Soodek Of Hirshmark Capital Provides $3.85M Refinance Loan For Mixed-Use Property In Brooklyn
295 Broadway
$3,850,000
$308/SF
Building Size
12,500 SF
Asset Type
Mixed-use
Closing
Oct 30, 2025
About this deal
AI
The property asset involved in this transaction is a mixed-use building located at 295 Broadway in Brooklyn, featuring a total square footage of 12,500. The loan amount secured for this refinance is $3,850,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,850,000
- Lender: Jake Soodek - Hirshmark Capital
- Landlord: Angelo Ortiz
- Loan Type: Refinance
- Date of Transaction: 10/31/2025
The deal involves Jake Soodek from Hirshmark Capital acting as the lender, while Angelo Ortiz is identified as the landlord associated with this loan transaction.
On the Map
$3,850,000
$308/SF
Mixed-use
View full map
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Visit Jake Soodek to view all their deals.
Browse Brooklyn mixed use loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93