Joseph E. Fingerman & Nicholas LaMorte Secure $13,000,000 Refinance Loan For Office In Dobbs Ferry
145 Palisade Street
$13,000,000
Building Size
—
Asset Type
Office
Closing
Jul 14, 2026
About this deal
AI
The asset involved in this transaction is an office property located at 145 Palisade Street in the Dobbs Ferry market. The loan amount for this refinance transaction is $13,000,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $13,000,000
- Lender: Joseph E. Fingerman & Nicholas LaMorte - Peapack Private Bank & Trust
- Landlord: Bajraktari Realty Management Corp.
- Loan Type: Refinance
- Date: 07/14/2026
The key individuals involved in this transaction include lenders Joseph E. Fingerman and Nicholas LaMorte, who represent Peapack Private Bank & Trust. The landlord for the property is Bajraktari Realty Management Corp., which is responsible for the asset management.
On the Map
$13,000,000
Office
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Players
Dobbs Ferry Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93