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3030 Middletown Road

Freddie Mac Provides $12.09 Million Refinance Loan For H Holding Group & Magen Capital In Bronx
FINANCEDMixed-use

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

Meir Schlusselberg

Arrow Real Estate Advisors

Broker

$511.7M

vol

27 deals

Broker
Arrow Real Estate Advisors
Arrow Real Estate AdvisorsBrokerage
Freddie Mac
Freddie MacLender

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