Crown Acquisitions & KSR Capital Secures $7.1 Million Loan From OakNorth Bank For Retail Asset
5546 Broadway
$7,100,000
$710/SF
Building Size
10,000 SF
Asset Type
Retail
Closing
Sep 28, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 5546 Broadway in the Bronx, encompassing a total area of 10,000 square feet. The acquisition loan for this property amounted to $7,100,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,100,000
- Address: 5546 Broadway
- Market: Bronx
- Lender: Dylan Jagjivan - OakNorth Bank
- Borrower: Crown Acquisitions & KSR Capital
- Landlord's Representative: Jason Krane - Ackman-Ziff Real Estate Group
- Loan Type: Acquisition
The individuals involved in this transaction include Dylan Jagjivan, who represented OakNorth Bank in the lending capacity, and Jason Krane, who represented the landlord through Ackman-Ziff Real Estate Group. The deal was facilitated between the borrowers, Crown Acquisitions and KSR Capital, highlighting a collaboration among multiple parties within the real estate sector.
On the Map
$7,100,000
$710/SF
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
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93