Igor Vaysberg Of Hirshmark Capital Provides $3 Million Acquisition Loan To Mann Family In Brooklyn
1713 Church Avenue & 2846 Church Avenue
$3,000,000
Building Size
—
Asset Type
Retail
Closing
Sep 30, 2025
About this deal
AI
The transaction involves a retail asset located at 1713 Church Avenue & 2846 Church Avenue in Brooklyn. An acquisition loan of $3,000,000 was secured for this property to facilitate the transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,000,000
- Lender: Igor Vaysberg - Hirshmark Capital
- Landlord: Mann Family
- Loan Type: Acquisition
- Date: 09/30/2025
Igor Vaysberg from Hirshmark Capital serves as the lender in this transaction, providing the necessary funding for the acquisition. The Mann Family is noted as the landlord involved in this deal.
On the Map
$3,000,000
Retail
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Players
Brooklyn 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93