Hakim Family Secures $17 Million Refinance Loan From Jacob Nimmer For Mixed-Use Property
FINANCED
$17,000,000
New York
See Similar DealsMixed-use
Financed 03/23/2026
FINANCED
Hakim Family Secures $17 Million Refinance Loan From Jacob Nimmer For Mixed-Use Property
1569 2nd Avenue, 1565 2nd Avenue & 247 East 81st Street
See Similar DealsMixed-use
Financed 03/23/2026
Summary
NEW YORK
Asset Type:Mixed-use
Transaction Type:Loan
The mixed-use property located at 1569 2nd Avenue, 1565 2nd Avenue & 247 East 81st Street in the Upper East Side market has undergone a refinancing transaction. The loan amount secured for this asset is $17,000,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $17,000,000
- Lender: Jacob Nimmer - Amalgamated
- Borrower: Hakim Family
- Broker: Jonathan Aghravi - JBA Equities
- Loan Type: Refinance
- Date: 3/23/2026
The brokers involved in this transaction are Jonathan Aghravi from JBA Equities, who represents the Hakim Family in obtaining this refinance. Jacob Nimmer, representing Amalgamated, acted as the lender for the transaction.
Players
LENDER
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$17,000,000.00
Monthly NOI$113,333.33
Monthly Debt Service$107,451.56
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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