HF Capital Secures $6.4M Refinance Loan From Alma Bank For Specialty Use Asset In Manhattan
554 Fort Washington Avenue
$6,400,000
Building Size
—
Asset Type
Office
Closing
Nov 5, 2025
About this deal
AI
The property asset involved in the transaction is located at 554 Fort Washington Avenue in Manhattan, categorized as a specialty use asset. The refinancing deal amounts to $6,400,000.
Summary of transaction details:
- Property Type: Specialty Use
- Transaction Amount: $6,400,000
- Lender: Alma Bank
- Landlord: HF Capital
- Landlord Representatives: Aaron Lowinger & Isaac Rosen
- Brokers: Judah Hammer & Jeff Feldman - CBRE
- Loan Type: Refinance
The key individuals in this transaction include Judah Hammer and Jeff Feldman, who represent the brokerage firm CBRE. They played a vital role in facilitating the refinancing for HF Capital, represented by Aaron Lowinger and Isaac Rosen, in securing the loan through Alma Bank.
On the Map
$6,400,000
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
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93