Derby Copeland Capital Closes $7.6 Million Acquisition Loan For Mixed-Use Property In TriBeCa
73 Warren Street
$7,600,000
Building Size
—
Asset Type
Mixed-use
Closing
Jul 29, 2026
AI
The property asset involved in the transaction is located at 73 Warren Street, situated in the TriBeCa neighborhood. It is categorized as a mixed-use asset and has an acquisition loan amount of $7,600,000. The loan was closed on July 29, 2026, by Derby Copeland Capital.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $7,600,000
- Lender: Derby Copeland Capital
- Landlord: Lockhill Properties
- Loan Type: Acquisition
Derby Copeland Capital, a private equity firm based in New York City specializing in opportunistic real estate-related debt financing and equity investments, has facilitated this acquisition loan. Derby Copeland Management Group, LLC is a registered investment adviser involved in this transaction.
Players
New York 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
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93