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
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