Nir Mor, Isaac Abraham & Rami Ben Yehuda Of Hanover Capital NY Provide $11.5 Million Refinance Loan
FINANCED
$11,500,000
New York
See Similar DealsMixed-use39,000 SF
Financed 10/30/2025
FINANCED
Nir Mor, Isaac Abraham & Rami Ben Yehuda Of Hanover Capital NY Provide $11.5 Million Refinance Loan
Mixed-use39,000 SF
Financed 10/30/2025
Summary
Asset Type:Mixed-use
Price Per Square Foot:$294
Total Square Footage:39,000 SF
Transaction Type:Loan
The asset involved is a mixed-use property located in Downtown Manhattan, encompassing 39,000 square feet and comprising 10 units. The loan associated with this property is a refinance totaling $11,500,000, with a loan price per square foot of $294.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $11,500,000
- Loan PSF: $294
- Asset Size: 39,000 SF
- Units: 10
- Lender: Nir Mor, Isaac Abraham & Rami Ben Yehuda - Hanover Capital NY
- Loan Type: Refinance
- Date of Transaction: 10/31/2025
- Market: Downtown Manhattan
The transaction was facilitated by Nir Mor, Isaac Abraham, and Rami Ben Yehuda from Hanover Capital NY, who were the lending representatives for this refinancing deal. Their involvement indicates a structured approach to financial dealings in the competitive Downtown Manhattan market.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$11,500,000.00
Monthly NOI$76,666.67
Monthly Debt Service$72,687.82
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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