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145 Palisade Street

Joseph E. Fingerman & Nicholas LaMorte Secure $13,000,000 Refinance Loan For Office In Dobbs Ferry
FINANCEDOffice

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

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.

Players

Peapack Private Bank & Trust
Peapack Private Bank & TrustLender

Dobbs Ferry Office Market Snapshot

Boundary boundary · Office · Loan transactions

Loading comparables…

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