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:
- Property Type: Office
- Transaction Amount: $8,300,000
- Lender: Axos Bank
- Landlord's Representative: Jacob Schmuckler & Meir Schlusselberg - Arrow Real Estate Advisors
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
New York 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
1.91%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93