Peapack Bank & Trust Provides $2,460,000 Refinance Loan For Retail Space Leased To Marinara Pizza
FINANCED
$2,460,000
New York
See Similar DealsRetail1,268 SF
Financed 05/14/2026
FINANCED
Peapack Bank & Trust Provides $2,460,000 Refinance Loan For Retail Space Leased To Marinara Pizza
130 West Broadway
See Similar DealsRetail1,268 SF
Financed 05/14/2026
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$1,940
Total Square Footage:1,268 SF
Transaction Type:Loan
The retail asset involved in this transaction measures 1,268 square feet and is situated at 130 West Broadway in the Manhattan market. The loan amount secured for this asset is $2,460,000, and it is a refinance loan with a term of 5 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,460,000
- Lender: Peapack Bank & Trust
- Landlord: Marinara Pizza
- Broker: Gil Shenhav - Avra Capital
- Loan Type: Refinance
- Loan Terms: 5 Years
Gil Shenhav from Avra Capital represents the landlord Marinara Pizza in this transaction, facilitating the loan arrangement with Peapack Bank & Trust for the refinancing of the retail property.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,460,000.00
Monthly NOI$16,400.00
Monthly Debt Service$15,548.87
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions