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35 East Broadway

Axos Bank Provides $8.3M Refinance Loan For Office At 35 East Broadway In Manhattan
FINANCEDOffice

Axos Bank Provides $8.3M Refinance Loan For Office At 35 East Broadway In Manhattan

35 East Broadway

$8,300,000

Building Size

Asset Type

Office

Closing

Sep 10, 2025

AI

The asset involved in this transaction is an office property located at 35 East Broadway in the Manhattan market. The loan amount secured for this property is $8,300,000 as part of a refinance deal.

Summary of transaction details:

The deal features key representatives, with Jacob Schmuckler and Meir Schlusselberg acting on behalf of the landlord through Arrow Real Estate Advisors. Their involvement is crucial in facilitating the transaction process with the lender, Axos Bank.

Players

Meir Schlusselberg

Arrow Real Estate Advisors

Broker

$511.7M

vol

27 deals

Broker
Arrow Real Estate Advisors
Arrow Real Estate AdvisorsBrokerage

New York 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

1.91%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93