David Habif Of The Habif Group Secures $10,250,000 Loan For 10 Saint Marks Place
10 Saint Marks Place
$10,250,000
$945/SF
Building Size
10,840 SF
Asset Type
MultiFamily
Closing
Jun 17, 2026
AI
The property involved in this transaction is a multifamily asset located at 10 Saint Marks Place in the East Village market. It encompasses a total square footage of 10,840 and has a loan amount of $10,250,000 designated for acquisition purposes.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,250,000
- Address: 10 Saint Marks Place
- Market: East Village
- Landlord: David Habif - The Habif Group
- Loan Type: Acquisition
- Buyer Paid: $7,500,000 for the Property
Key individuals involved in the transaction include David Habif, representing The Habif Group as the landlord in this deal. The Buyer successfully cashed out fully at the time of the loan closing.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.55%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93