FINANCEDRetail
LOAN IMAGE: Joseph E
5500 Broadway
$3,400,000
Building Size
—
Asset Type
Retail
Closing
Oct 26, 2026
About this deal
AI
The property asset is located at 5500 Broadway in the Bronx and is categorized as retail space. The loan amount for this property refinancing is $3,400,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,400,000
- Lender: Joseph E. Fingerman & Blake Jenkins - Peapack Private Bank & Trust
- Borrower: ABS Partners Real Estate
- Loan Type: Refinance
- Date: 10/26/2026
Joseph E. Fingerman and Blake Jenkins acted as the lender representatives from Peapack Private Bank & Trust in this loan transaction involving ABS Partners Real Estate.
On the Map
$3,400,000
Retail
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Players
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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93