Updated Sep 4, 2026
Moshe Meir Secures $8,050,000 Refinance Loan For MultiFamily Property In Flushing With Jake Soodek Of Hirshmark Capital
142-15 Cherry Avenue
$8,050,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 31, 2026
About this deal
AI
The asset involved in this transaction is a multifamily property located at 142-15 Cherry Avenue in Flushing. The loan amount secured for this property is $8,050,000, under a refinance loan type.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $8,050,000
- Lender: Jake Soodek - Hirshmark Capital
- Borrower: Moshe Meir
- Loan Type: Refinance
- Date: 07/31/2026
This transaction features key individuals including the lender, Jake Soodek, who represents Hirshmark Capital, and the borrower, Moshe Meir, who is seeking refinancing for the property. The details of the transaction were finalized on the date noted, highlighting the involvement of both parties in this financial deal.
Players
Flushing 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
1.97%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93