Danny Zelouf Secures $23.5M Loan From Israel Discount Bank For Mixed-Use Property On Broadway In Williamsburg

The property at 240 Broadway in Williamsburg, Brooklyn, has recently been involved in a closed transaction. The mixed-use asset spans a total of 36,254 square feet. It was purchased by Danny Zelouf in 2019 for $20.1 million.

Summary of transaction details

• Property Type: Mixed-Use
• Transaction Amount: $23,500,000
• Address: 240 Broadway
• Market: Williamsburg, Brooklyn
• SF: 36,254
• Lender: Israel Discount Bank - Elena Dokianos & Marc Cooper
• Landlord: Danny Zelouf

In this transaction, Danny Zelouf secured a $23.5 million loan from Israel Discount Bank to support the property at 240 Broadway. Elena Dokianos and Marc Cooper from Israel Discount Bank served as the lenders. Danny Zelouf, who is also the landlord, acquired the property for $20.1 million in 2019.