FINANCEDRetail
Black Bear Capital Partners (“BBCP”) is pleased to announce the successful financing of the acquisition of a Walgreens property in Troy, New York
869 2nd Avenue
$1,700,000
Building Size
—
Asset Type
Retail
Closing
Jul 21, 2026
About this deal
AI
This transaction involves the acquisition of a Walgreens property located at 869 2nd Avenue in Troy, NY. The asset is classified as retail. The loan amount secured for this acquisition is $1,700,000, structured as a non-recourse loan with a five-year fixed-rate term arranged by Black Bear Capital Partners.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,700,000
- Borrower: Bincount LLC - John Strzalka
- Capital Market Advisor: Eric Trombly - Black Bear Capital Partners
- Loan Type: Acquisition
- Loan Terms: Five-year, fixed-rate, non-recourse loan
- Market: Troy, NY
- Address: 869 2nd Avenue
John Strzalka represents Bincount LLC as the borrower in this loan agreement. Eric Trombly is the Capital Market Advisor and is affiliated with Black Bear Capital Partners, who facilitated the financing for the acquisition. The loan was provided at a competitive interest rate to support the transaction.
On the Map
$1,700,000
Retail
View full map
Players
Troy Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Deal FAQ
Browse Troy retail loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93