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
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.
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