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Citizens Bank Provides $7 Million Refinance Loan For Mixed-Use Property At 30 Carmine Street

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FINANCED
$7,000,000

New York

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Mixed-use
Financed 08/27/2025
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Property Image
FINANCED

Citizens Bank Provides $7 Million Refinance Loan For Mixed-Use Property At 30 Carmine Street

30 Carmine Street

See Similar Deals
Mixed-use
Financed 08/27/2025
Contact now

Summary

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

The property involved in this transaction is a mixed-use asset located at 30 Carmine Street in the West Village. The loan amount secured for this property is $7,000,000, with the loan type being a refinance, featuring a term of 5 years with full term interest only. This asset is now home to Slicehaus, a new slice shop led by L’Industrie Alum.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $7,000,000
  • Lender: Citizens Bank
  • Landlord: Adam Savell, Ryan Friedman, Greg Gleason - Corigin
  • Brokers: Daniel Kowalsky & Michael Lee - HKS Real Estate Advisors
  • Analyst: Max Rubinchik - HKS Real Estate Advisors
  • Placement: Eugene Weinraub - HKS Real Estate Advisors
  • Loan Terms: 5 years, full term interest only

The successful refinance was facilitated by the brokers from HKS Real Estate Advisors, Daniel Kowalsky and Michael Lee, along with analyst Max Rubinchik and placement agent Eugene Weinraub. Special acknowledgment was given to Maxwell Nemerow and Scott van der Marck at Citizens Bank for their role in ensuring a smooth process and achieving favorable economic terms on the deal.

Players

Daniel Kowalsky
19 deals$119.4M volume(631) 291-2781
BROKER

Michael Lee
HKS Real Estate Advisors
21 deals$355M volume
BROKER

HKS Real Estate Advisors
BROKERAGE





Details

FINANCED
IMAGE: Max Rubinchik, Daniel Kowalsky,Michael Lee & Eugene Weinraub DATE: 8/27/2025 ADDRESS: 30 Carmine Street MARKET: West Village ASSET TYPE: Mixed-use LENDER: Citizens Bank (@CitizensBank) LANDLORD: Adam Savell, Ryan Friedman, Greg Gleason - Corigin BROKERS: Daniel Kowalsky & Michael Lee - HKS Real Estate Advisors (@HKSRealEstateAdvisors) ANALYST: Max Rubinchik - HKS Real Estate Advisors PLACEMENT: Eugene Weinraub - HKS Real Estate Advisors LOAN AMOUNT: $7,000,000 LOAN TYPE: Refinance LOAN TERMS: 5 years, full term interest only NOTE FROM BROKER: “HKS is pleased to announce the successful refinance of 30 Carmine, a marquee mixed use asset in the heart of the Village. A big thank you to Maxwell Nemerow and Scott van der Marck at Citizens Bank for a seamless process with better than market economics on the deal. The asset is now home to Slicehaus- a new viral slice shop spearheaded by L’Industrie Alum

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$7,000,000.00

Monthly NOI$46,666.67
Monthly Debt Service$44,244.76
Change in Cash Flow$0.00
Refinance Proceeds$0.00