Igor Vaysberg Of Hirshmark Capital Provides $3.95M Refinance Loan For Office At 27 East 21st Street
27 East 21st Street
$3,950,000
$197/SF
Building Size
20,000 SF
Asset Type
Office
Closing
Oct 30, 2025
About this deal
AI
The asset involved in the transaction is an office property located at 27 East 21st Street in the Flatiron market of Manhattan. The property encompasses a total square footage of 20,000 and has secured a loan amount of $3,950,000 for refinancing purposes.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,950,000
- Lender: Igor Vaysberg - Hirshmark Capital
- Landlord: Ruth Shomron
- Loan Type: Refinance
This deal was facilitated by Igor Vaysberg, representing Hirshmark Capital, who is the lender for this refinancing transaction. The involvement of Ruth Shomron as the landlord is a key detail in the execution of this loan agreement.
On the Map
$3,950,000
$197/SF
Office
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93