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150 Rivington Street

Jonnie Haber Of Hirshmark Capital Provides $2,500,000 Loan For Retail Property At 150 Rivington St
FINANCEDRetail

Jonnie Haber Of Hirshmark Capital Provides $2,500,000 Loan For Retail Property At 150 Rivington St

150 Rivington Street

$2,500,000

Building Size

Asset Type

Retail

Closing

May 28, 2026

AI

The property involved in this transaction is a retail asset located at 150 Rivington Street in the Lower East Side. The loan amount for this acquisition is $2,500,000.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,500,000
  • Lender: Jonnie Haber - Hirshmark Capital
  • Landlord: Getzy Neustadt - NewDay Management
  • Landlord's Representative: Bryan Geffen & Dovid Kaufman - Meridian Capital Group
  • Loan Type: Acquisition

In this transaction, Jonnie Haber represents Hirshmark Capital as the lender providing the acquisition loan. Getzy Neustadt, associated with NewDay Management, serves as the landlord, while Bryan Geffen and Dovid Kaufman represent Meridian Capital Group in the capacity of the landlord's representatives.

Players

Bryan Geffen

Meridian Capital Group

Broker

$184.2M

vol

20 deals

Broker
Hirshmark Capital
Hirshmark CapitalLender

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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93