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92 Delancey Street

Scott Van Der Marck & Maxwell Nemerow Of Citizens Private Bank Provides $6.5M Refinance Loan For Retail Asset
FINANCEDRetail

Scott Van Der Marck & Maxwell Nemerow Of Citizens Private Bank Provides $6.5M Refinance Loan For Retail Asset

92 Delancey Street

$6,500,000

Building Size

Asset Type

Retail

Closing

Jan 22, 2026

AI

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.

Players

Daniel Kowalsky

HKS Real Estate Advisors

Broker

$119.4M

vol

19 deals

Broker
Citizens Bank
Citizens BankLender

New York Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.44%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93