Freddie Mac Provides $12.09 Million Refinance Loan For H Holding Group & Magen Capital In Bronx
3030 Middletown Road
$12,091,000
Building Size
—
Asset Type
Mixed-use
Closing
Jun 22, 2025
AI
The property asset involved in the transaction is a mixed-use building located at 3030 Middletown Road in the Bronx. The loan amount secured for the refinance is $12,091,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $12,091,000
- Lender: Freddie Mac
- Landlord: H Holding Group & Magen Capital
- Brokers: Eli Serebrowski & Meir Schlusselberg - Arrow Real Estate Advisors
- Loan Type: Refinance
- Transaction Date: 6/23/2025
The deal involves key individuals Eli Serebrowski and Meir Schlusselberg representing the parties through Arrow Real Estate Advisors. The involvement of Freddie Mac as the lender indicates a structured financing approach tailored for the needs of mixed-use properties.
Players
Bronx 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
1.31%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93