Igor Vaysberg Of Hirshmark Capital Provides $3.85 Million Acquisition Loan In Astoria
35 16 Astoria Boulevard South
$3,850,000
Building Size
—
Asset Type
Mixed-use
Closing
Jul 30, 2025
About this deal
AI
The asset involved in this transaction is a mixed-use property located at 35-16 Astoria Boulevard South in the Astoria market. The acquisition loan amount secured for this property is $3,850,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,850,000
- Lender: Igor Vaysberg - Hirshmark Capital
- Landlord: Ben Wong
- Loan Type: Acquisition
- Date: 7/31/2025
The key individuals in this transaction include Igor Vaysberg, who represents Hirshmark Capital as the lender, and Ben Wong, who acts as the landlord for the property involved in the deal.
On the Map
$3,850,000
Mixed-use
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Players
Astoria 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
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93