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6 East 132nd Street

Mark Irgang Secures $3M Refinance Loan For Multifamily Property At 6 East 132nd Street
FINANCEDMultiFamily

Mark Irgang Secures $3M Refinance Loan For Multifamily Property At 6 East 132nd Street

6 East 132nd Street

$3,000,000

Building Size

Asset Type

MultiFamily

Closing

Oct 29, 2025

AI

The asset involved in this transaction is a multifamily property located at 6 East 132nd Street in Central Harlem. The transaction involved a refinance loan amount of $3,000,000. The property is situated in a market known for its diverse residential options.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,000,000
  • Loan Type: Refinance
  • Landlord: Mark Irgang
  • Broker Representatives: Simon Rosenfeld & Ariel Taieb - Meridian Capital Group
  • Date of Transaction: 10/30/2025

The deal features key individuals such as Mark Irgang, who is the landlord, along with broker representatives Simon Rosenfeld and Ariel Taieb from Meridian Capital Group, facilitating the transaction. Their roles were essential in navigating the refinance process and arranging the necessary financing for the property.

Players

Simon Rosenfeld

Meridian Capital Group

Broker

$667.9M

vol

18 deals

Broker

New York 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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93