Igor Vaysberg Of Hirshmark Capital Provides $4.5 Million Acquisition Loan For Retail Property In Southampton
70 South Main Street, 67 Jobs Lane & 110 Park Place
$4,500,000
Building Size
—
Asset Type
Retail
Closing
Dec 11, 2025
About this deal
AI
The asset involved in this transaction encompasses retail properties located at 70 South Main Street, 67 Jobs Lane, and 110 Park Place in the Southampton and East Hampton markets. The total acquisition loan amount for this portfolio is $4,500,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,500,000
- Lender: Igor Vaysberg - Hirshmark Capital
- Landlord: Patel Family
- Loan Type: Acquisition
Key individuals in this transaction include Igor Vaysberg, who represents Hirshmark Capital as the lender for the acquisition, and the Patel Family, who are the landlords of the retail properties involved in the deal.
On the Map
$4,500,000
Retail
View full map
Players
Southampton Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Deal FAQ
Browse Southampton retail loans on Traded.
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