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Ira Lifschutz Of New Aim Realty Acquires Mixed-use Property From Gindi Family For $10.25M

Property Image
FINANCED
$8,675,000

New York

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Mixed-use
Financed 08/07/2025
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Property Image
FINANCED

Ira Lifschutz Of New Aim Realty Acquires Mixed-use Property From Gindi Family For $10.25M

90 Nassau Street

See Similar Deals
Mixed-use
Financed 08/07/2025
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Summary

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

The property asset involved in the transaction is a mixed-use building located at 90 Nassau Street in Manhattan. The acquisition was secured with a purchase price of $10,250,000, accompanied by a loan amount of $8,675,000 specifically for acquisition purposes.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $10,250,000
  • Loan Amount: $8,675,000
  • Date of Transaction: 8/8/2025
  • Buyer: Ira Lifschutz - New Aim Realty
  • Seller: Gindi Family
  • Lender: Derby Copeland Capital
  • Broker: Meridian Capital Group

This transaction highlights the involvement of Ira Lifschutz from New Aim Realty representing the buyer, while the seller, Gindi Family, facilitated the deal with financing provided by Derby Copeland Capital, showcasing the roles of key stakeholders in the acquisition process.

Players

BROKERAGE

Details

FINANCED
IMAGE: 8/8/2025 ADDRESS: 90 Nassau Street MARKET: Manhattan ASSET TYPE: Mixed-use BUYER: Ira Lifschutz - New Aim Realty SELLER: Gindi Family LENDER: Derby Copeland Capital BROKER: Meridian Capital Group (@Meridian.Capital.Group) PURCHASE PRICE: $10,250,000 LOAN AMOUNT: $8,675,000 LOAN TYPE: Acquisition

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$8,675,000.00

Monthly NOI$57,833.33
Monthly Debt Service$54,831.90
Change in Cash Flow$0.00
Refinance Proceeds$0.00