Robert Delitsky & Dylan Hamer Arrange $13.5M Loan For Strathmore Commons Shopping Mall In Middle Island
900 Middle Country Road & 1020 Middle Country Road
$13,500,000
Building Size
—
Asset Type
Retail
Closing
Jul 1, 2026
About this deal
AI
The transaction involved Strathmore Commons Shopping Mall, a grocery-anchored retail center with a total square footage of 146,381. Located at 900 Middle Country Road and 1020 Middle Country Road in Middle Island, this asset has been financed with a loan amounting to $13,500,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $13,500,000
- Address: 900 Middle Country Road & 1020 Middle Country Road
- Market: Middle Island
- Lender: WoodmenLife
- Brokers: Robert Delitsky & Dylan Hamer - NorthMarq
The financing was arranged by NorthMarq’s New York Metro Debt + Equity team, with Robert Delitsky and Dylan Hamer playing key roles in the transaction, representing the interests of their client in securing the loan through WoodmenLife.
On the Map
$13,500,000
Retail
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Players
Middle Island 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
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93