Seraphim Equities Acquires Mixed-Use Properties In Newburgh, Hudson Valley For $1.67M

The mixed-use property located at 300 Liberty St., 36 Liberty St., 189 Grand St., 127 Chambers St., and 261 Grand St. in Newburgh, Hudson Valley was recently sold. The sale was facilitated by Adam Shayanfekr, Michael A. Ramin, and Roy Bracha of Seraphim Equities. The property was sold by Robert Grunnah, with brokerage services provided by Newburgh Realty Group LLC. The transaction took place on January 27, 2021.

Summary of transation details

• Property Type: Mixed-use
• Sale Price: $1,667,500
• Units: 18
• Price per Unit: $92,638

Adam Shayanfekr, Michael A. Ramin, and Roy Bracha of Seraphim Equities represented the buyer in the deal. The loan amount for the transaction was $1,612,000.00. The buyers may be contacted via their respective email addresses: Adam Shayanfekr (@AdamShayan), Michael A. Ramin (@Mike_Loanawitz), and Roy Bracha (@InstaNY). Sharestates, a Direct National Private Lender, provided financing options for this deal, including support for fix and flip projects, large multi-family bridge and value-add investments, ground up construction, and long-term rental loans.