Steven Carter Of Creative Capital Real Estate Secures $15,925,000 Loan From Webster Bank For Retail Asset
360 Sixth Avenue
$15,000,000
Building Size
—
Asset Type
Retail
Closing
Mar 10, 2026
About this deal
AI
The property asset involved in the transaction is located at 360 Sixth Avenue in the Greenwich Village/Manhattan market. It is classified as retail. The loan amount secured for the acquisition financing is $15,925,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $15,925,000
- Lender: Webster Bank
- Landlord: Steven Carter - Creative Capital Real Estate
- Landlord's Representative: Jonathan Aghravi - JBA Equities
- Loan Type: Acquisition Financing
- Date: 3/10/2026
The key individuals involved in this transaction include Steven Carter, who represents Creative Capital Real Estate as the landlord, and Jonathan Aghravi, who represents JBA Equities as the landlord's representative in this deal. The financing was provided by Webster Bank, facilitating the acquisition of the aforementioned property.
On the Map
$15,000,000
Retail
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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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93