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Jake Soodek Of Hirshmark Capital Provides $4.25M Refinance Loan For Retail Property In Rockaway Park

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FINANCED
$4,250,000
Yossi Koschitzki
Isaac Filler
+ 1

New York

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Retail25,000 SF
Financed 12/18/2025
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FINANCED

Jake Soodek Of Hirshmark Capital Provides $4.25M Refinance Loan For Retail Property In Rockaway Park

2 34 Beach 102 Street

See Similar Deals
Retail25,000 SF
Financed 12/18/2025
Yossi Koschitzki
Isaac Filler
+ 1
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$170
Total Square Footage:25,000 SF
Transaction Type:Loan

The asset involved in the transaction is a retail property located at 2-34 Beach 102 Street in the Rockaway Park market. The property has a total square footage of 25,000. The loan amount for this refinance transaction is $4,250,000.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,250,000
  • Address: 2-34 Beach 102 Street
  • Market: Rockaway Park
  • Lender: Jake Soodek - Hirshmark Capital
  • Landlord: Steven Newman
  • Landlord's Representative: Isaac Filler, Steven Edelstein & Yossi Koschitzki - Filler Capital
  • Loan Type: Refinance

Key individuals involved in the transaction include Jake Soodek, who is representing Hirshmark Capital as the lender, and Steven Newman, the landlord of the property. The landlord's representation was managed by Isaac Filler, Steven Edelstein, and Yossi Koschitzki from Filler Capital, facilitating the refinance process for the landlord's asset.

Players

Isaac Filler
77 deals$1.7B volume
BROKER

Yossi Koschitzki
Filler Capital
63 deals$1.3B volume
BROKER

Steven Edelstein
Filler Capital
14 deals$421M volume
BROKER

Filler Capital
BROKERAGE


Details

FINANCED
IMAGE: Jake Soodek, Isaac Filler, Steven Edelstein & Yossi Koschitzki DATE: 12/18/2025 ADDRESS: 2-34 Beach 102 Street MARKET: Rockaway Park ASSET TYPE: Retail ~ SF: 25,000 LENDER: Jake Soodek (@JakeSoodek) - Hirshmark Capital (@HirshmarkCapital) LANDLORD: Steven Newman LANDLORD'S REP: Isaac Filler, Steven Edelstein & Yossi Koschitzki - Filler Capital LOAN AMOUNT: $4,250,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$4,250,000.00

Monthly NOI$28,333.33
Monthly Debt Service$26,862.89
Change in Cash Flow$0.00
Refinance Proceeds$0.00