Updated Sep 30, 2026
Perrone Family Secures $6.3 Million Bridge Loan From Jake Soodek Of Hirshmark Capital
113 Richardson Street & 6753 Garden Road
$6,300,000
Building Size
24,300 SF
Asset Type
MultiFamily
Closing
Sep 22, 2026
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 113 Richardson Street & 6753 Garden Road, encompassing a total of 24,300 square feet within the Brooklyn, NY and Riviera Beach, FL markets. The loan amount arranged for this transaction is $6,300,000, classified as a bridge loan.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $6,300,000
- Lender: Jake Soodek - Hirshmark Capital
- Borrower: Perrone Family
- Loan Type: Bridge
This transaction features prominent individuals in the financing of the property, including Jake Soodek, who represents Hirshmark Capital as the lender and is instrumental in facilitating this bridge loan to the Perrone Family, the borrower in this arrangement.
On the Map
$6,300,000
MultiFamily
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Players
Brooklyn 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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93