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Bawabeh Realty Holdings Refinances Bronx And Brooklyn Mixed-Use Properties With Interaudi Bank For $9.8M

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FINANCED
$9,800,000

New York

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Mixed-use24,471 SF
Financed 11/18/2025
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Property Image
FINANCED

Bawabeh Realty Holdings Refinances Bronx And Brooklyn Mixed-Use Properties With Interaudi Bank For $9.8M

4615 Church Avenue

See Similar Deals
Mixed-use24,471 SF
Financed 11/18/2025
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$400
Total Square Footage:24,471 SF
Transaction Type:Loan

The transaction involves two mixed-use and retail properties located at 25 Westchester Square and 4615 Church Avenue, with a combined building square footage of 29,550 BSF and 24,471 SF, situated in the Bronx and Brooklyn markets. The landlord is Soly Bawabeh from Bawabeh Realty Holdings, who secured a refinance loan amounting to $9,800,000 from Interaudi Bank.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $9,800,000
  • Loan Type: Refinance
  • Lender: Interaudi Bank
  • Landlord: Soly Bawabeh - Bawabeh Realty Holdings
  • Previous Debt: $10.7 million from Blackstone

The refinance transaction allows Bawabeh Holdings to replace prior debt while maintaining their mixed-use and retail properties, reflecting strategic financial management within the demanding real estate market of the Bronx and Brooklyn.

Players

LENDER

Soly A. Bawabeh
23 deals$9.8M volume
LANDLORD

Details

FINANCED
IMAGE: 11/18/2025 ADDRESS: 25 Westchester Square & 4615 Church Avenue MARKET: Bronx & Brooklyn ASSET TYPE: Mixed-use ~ BSF: 29,550 ~ SF: 24,471 LENDER: Interaudi Bank LANDLORD: Soly Bawabeh - Bawabeh Realty Holdings LOAN AMOUNT: $9,800,000 LOAN TYPE: Refinance NOTE: Bawabeh Holdings refinanced two mixed-use and retail properties in the Bronx and Brooklyn with a $9.8 million loan from Interaudi Bank, replacing $10.7 million in prior Blackstone debt.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$9,800,000.00

Monthly NOI$65,333.33
Monthly Debt Service$61,942.67
Change in Cash Flow$0.00
Refinance Proceeds$0.00