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100 112 West 125th Street

Wharton Properties & Schottenstein Property Group Secure $100M Loan From Rialto Capital For Retail In Harlem
FINANCEDRetail

Wharton Properties & Schottenstein Property Group Secure $100M Loan From Rialto Capital For Retail In Harlem

100 112 West 125th Street

$100,000,000

Building Size

Asset Type

Retail

Closing

Aug 28, 2025

AI

The asset involved in this transaction is a retail property located at 100-112 West 125th Street in Harlem, Manhattan. The loan attached to this property amounts to $100,000,000.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $100,000,000
  • Lender: Rialto Capital
  • Landlord: Wharton Properties & Schottenstein Property Group
  • Brokers: Tom Sullivan & Scott Aiese - JLL
  • Date: 8/29/2025

This transaction was facilitated by brokers Tom Sullivan and Scott Aiese from JLL, who played a key role in bringing together the lender, Rialto Capital, and the landlords, Wharton Properties and Schottenstein Property Group, for this loan agreement.

Players

Scott Aiese

JLL

Broker

$2.7B

vol

30 deals

Broker
JLL
JLLBrokerage
Rialto Capital
Rialto CapitalLender
Wharton Properties
Wharton PropertiesLandlord

New York Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.16%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93