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Loan · MultiFamily

Jacob Schmuckler & Meir Schlusselberg Of Arrow Real Estate Advisors Secures $30.19M Loan For Bronx Multifamily Portfolio
FINANCEDMultiFamily

Jacob Schmuckler & Meir Schlusselberg Of Arrow Real Estate Advisors Secures $30.19M Loan For Bronx Multifamily Portfolio

$30,187,500

$46/SF

Building Size

655,000 SF

Asset Type

MultiFamily

Closing

Jun 30, 2026

AI

The asset involved in this transaction is a multifamily portfolio located in the Bronx, comprising a total square footage of 655,000. The portfolio consists of 644 residential units and 7 retail spaces. The acquisition loan amount for this property is $30,187,500.

Summary of transation details:

Key individuals involved in this transaction include Jacob Schmuckler and Meir Schlusselberg, who represent the landlord in this acquisition through their agency, Arrow Real Estate Advisors.

Players

Meir Schlusselberg

Arrow Real Estate Advisors

Broker

$529.5M

vol

28 deals

Broker

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

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93