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28 Herbert Street

Jake Soodek Of Hirshmark Capital Provides $7.625M Refinance Loan To Reuben Pinner In Brooklyn
FINANCEDPackage Deal

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

Jake Soodek

Hirshmark Capital

Lender

$208.8M

vol

35 deals

Lender

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