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360 Sixth Avenue

Steven Carter Of Creative Capital Real Estate Secures $15,925,000 Loan From Webster Bank For Retail Asset
FINANCEDRetail

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

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.

Players

Jonathan Aghravi

JBA Equities

Broker

$1.6B

vol

49 deals

Broker
Webster Bank
Webster BankLender
Steven Carter

Steven Carter

Landlord

$43M

vol

3 deals

Landlord

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