Scott Van Der Marck & Maxwell Nemerow Of Citizens Private Bank Provides $6.5M Refinance Loan For Retail Asset
FINANCED
$6,500,000
New York
See Similar DealsRetail
Financed 01/23/2026
FINANCED
Scott Van Der Marck & Maxwell Nemerow Of Citizens Private Bank Provides $6.5M Refinance Loan For Retail Asset
92 Delancey Street
See Similar DealsRetail
Financed 01/23/2026
Summary
NEW YORK
Asset Type:Retail
Transaction Type:Loan
The property asset involved in this transaction is a retail location situated at 92 Delancey Street in the Lower East Side market. The transaction involves a refinance loan with an amount of $6,500,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,500,000
- Lender: Scott van der Marck & Maxwell Nemerow - Citizens Private Bank
- Broker: Daniel Kowalsky - HKS Real Estate Advisors
- Loan Type: Refinance
- Transaction Date: 1/23/2026
The key individuals involved in this transaction include the lenders Scott van der Marck and Maxwell Nemerow from Citizens Private Bank, along with broker Daniel Kowalsky from HKS Real Estate Advisors representing the deal. This transaction highlights their roles in facilitating the refinance process for the retail asset.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,500,000.00
Monthly NOI$43,333.33
Monthly Debt Service$41,084.42
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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