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Jake Soodek Of Hirshmark Capital Provides $4.25M Refinance Loan To Ambrosino Family In Brooklyn

Property Image
FINANCED
$4,250,000

New York

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Retail20,000 SF
Financed 05/22/2026
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Property Image
FINANCED

Jake Soodek Of Hirshmark Capital Provides $4.25M Refinance Loan To Ambrosino Family In Brooklyn

1285 Broadway & 38 Goodwin Place

See Similar Deals
Retail20,000 SF
Financed 05/22/2026
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$212
Total Square Footage:20,000 SF
Transaction Type:Loan

The property asset involved in this transaction is located at 1285 Broadway & 38 Goodwin Place in Brooklyn. The asset includes a retail and development site with a total square footage of 20,000 and a buildable square footage of 25,000. The loan amount associated with this property is $4,250,000, categorized as a refinance.

Summary of transaction details:

  • Property Type: Retail & Development Site
  • Transaction Amount: $4,250,000
  • Lender: Jake Soodek - Hirshmark Capital
  • Landlord: Ambrosino Family
  • Loan Type: Refinance
  • Date: 5/22/2026

The key individuals involved in this transaction include Jake Soodek, representing Hirshmark Capital as the lender, and the Ambrosino Family serving as the landlord for the property. Their roles are instrumental in the refinancing process of the asset situated in Brooklyn.

Players

Jake Soodek
Hirshmark Capital
Jake Soodek
35 deals$208.8M volume
LENDER

Details

FINANCED
IMAGE: Jake Soodek DATE: 5/22/2026 ADDRESS: 1285 Broadway & 38 Goodwin Place MARKET: Brooklyn ASSET TYPE: Retail & Development Site ~ SF: 20,000 ~ BSF: 25,000 LENDER: Jake Soodek (@JakeSoodek) - Hirshmark Capital (@HirshmarkCapital) LANDLORD: Ambrosino Family LOAN AMOUNT: $4,250,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$4,250,000.00

Monthly NOI$28,333.33
Monthly Debt Service$26,862.89
Change in Cash Flow$0.00
Refinance Proceeds$0.00