Jake Soodek Of Hirshmark Capital Provides $7.625M Refinance Loan To Reuben Pinner In Brooklyn
28 Herbert Street
$7,625,000
Building Size
—
Asset Type
Package Deal
Closing
Jan 29, 2026
AI
A package deal located at 28 Herbert Street in Brooklyn has been refinanced, with a loan amount of $7,625,000. The asset type is a package deal, reflecting multiple properties or interests involved in the transaction.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $7,625,000
- Lender: Jake Soodek - Hirshmark Capital
- Landlord: Reuben Pinner
- Loan Type: Refinance
- Date: 1/30/2026
The deal was facilitated by Jake Soodek representing Hirshmark Capital as the lender, ensuring the refinancing process for the landlord, Reuben Pinner, was successfully completed. This interaction underscores the collaboration between the financial entity and the landlord in securing the loan.
Players
Brooklyn Package Deal Market Snapshot
Boundary boundary · Package Deal · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.08%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93