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2182 White Plains Road

Ruben D. Luna Secures $4.5 Million Refinance Loan From J.P. Morgan Chase In Bronx Retail Transaction
FINANCEDRetail

Ruben D. Luna Secures $4.5 Million Refinance Loan From J.P. Morgan Chase In Bronx Retail Transaction

2182 White Plains Road

$4,500,000

Building Size

—

Asset Type

Retail

Closing

Apr 16, 2026

AI

The asset involved in this context is a retail property located at 2182 White Plains Road in the Bronx. The loan amount for the refinance transaction is $4,500,000.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,500,000
  • Lender: J.P. Morgan Chase
  • Landlord: Ruben D. Luna
  • Broker: Ezra Sutton - Meridian Capital Group
  • Loan Type: Refinance
  • Date of Transaction: 4/17/2026

The key individuals involved in this transaction include Ruben D. Luna, who is the landlord, and Ezra Sutton representing him as the broker from Meridian Capital Group. The lender for this transaction is J.P. Morgan Chase.

Players

Ezra Sutton

Meridian Capital Group

Broker

$570.5M

vol

28 deals

Broker
J.P. Morgan Chase
J.P. Morgan ChaseLender

Bronx 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

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93