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68 Fulton Street

Albert Dweck Of Duke Properties And Steven J. Ancona Of Flatiron Real Estate Advisors Secure $7.9M Refinance From CPC For Two Fulton Street Properties
FINANCEDMultiFamily

Albert Dweck Of Duke Properties And Steven J. Ancona Of Flatiron Real Estate Advisors Secure $7.9M Refinance From CPC For Two Fulton Street Properties

68 Fulton Street & 64 Fulton Street

$7,900,000

Building Size

Asset Type

MultiFamily

Closing

Jun 23, 2026

AI

The transaction involves two office properties located at 68 Fulton Street and 64 Fulton Street in Manhattan’s Financial District. The assets are classified as MultiFamily, totaling 40,564 square feet of built space and encompassing six residential units. A refinancing loan amount of $7,900,000 was secured through the Community Preservation Corporation (CPC).

Summary of transaction details:

Key parties involved in the refinancing transaction include landlords Albert Dweck representing Duke Properties and Steven J. Ancona representing both Flatiron Real Estate Advisors and Oceanica Partners, reflecting their collaborative efforts in this deal.

Players

OP
Oceanica PartnersBuyer

Albert Dweck

Duke Properties

Landlord

$29.8M

vol

10 deals

Landlord

Fulton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.01%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93