Seth Weissman, Haley Davis & Bean Provide $3.4M Refinance Loan For Retail Asset In East Quogue
FINANCED
$3,400,000
New York
See Similar DealsRetail3,440 SF
Financed 03/26/2026
FINANCED
Seth Weissman, Haley Davis & Bean Provide $3.4M Refinance Loan For Retail Asset In East Quogue
94 Dune Road
See Similar DealsRetail3,440 SF
Financed 03/26/2026
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$988
Total Square Footage:3,440 SF
Transaction Type:Loan
The asset involved in this transaction is a retail property located at 94 Dune Road in the East Quogue market. A loan was secured for this property in the amount of $3,400,000, classified as a refinance transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,400,000
- Lender: Seth Weissman, Haley Davis & Bean - Urban Standard Capital
- Loan Type: Refinance
- Date: 3/26/2026
- Address: 94 Dune Road
- Market: East Quogue
Seth Weissman and Haley Davis, representing the lender Urban Standard Capital, executed the loan through USC's Core Financing platform. This platform provides borrowers access to lower cost capital on qualified transactions.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,400,000.00
Monthly NOI$22,666.67
Monthly Debt Service$21,490.31
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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