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199 Bowery

W Financial Provides $4,640,000 Refinance Loan For Retail Asset At 199 Bowery In Manhattan
FINANCEDRetail

W Financial Provides $4,640,000 Refinance Loan For Retail Asset At 199 Bowery In Manhattan

199 Bowery

$4,640,000

Building Size

Asset Type

Retail

Closing

Apr 23, 2026

AI

The property involved in this transaction is a retail asset located at 199 Bowery in Manhattan. A refinance loan amounting to $4,640,000 has been secured for this asset.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,640,000
  • Lender: W Financial
  • Landlord's Representative: Louis Halperin & Zachary Strauss - Arrow Real Estate Advisors
  • Transaction Date: 4/24/2026

This transaction features the active involvement of W Financial as the lender, facilitating the financial arrangement necessary for the refinance. The landlord is represented by Louis Halperin and Zachary Strauss from Arrow Real Estate Advisors, underscoring the collaboration between the financial and real estate sectors in this deal.

Players

Louis Halperin

Arrow Real Estate Advisors

Broker

$688.4M

vol

19 deals

Broker
W Financial
W Financial Lender

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

3.42%

Cash-on-Cash

-0.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93