Patriot Bank Finances $7.5M Refinance On Industrial Property In Red Hook

The industrial property located at 185 Van Dyke Street in Red Hook, Brooklyn spans 325,624 square feet and boasts a significant size of 111,265 square feet. The property, owned by Lande Alexander Properties Inc, under the management of Lande Alexander & Brian Robbins, recently underwent a refinancing transaction valued at $7,500,000 with Patriot Bank, facilitated by Tommy Tran.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,500,000
• Address: 185 Van Dyke Street
• Market: Red Hook, Brooklyn
• Asset Type: Industrial
• BSF: 325,624 SF

Patriot Bank, represented by Tommy Tran, provided the refinancing loan for this industrial property. The landlords of the property, Lande Alexander & Brian Robbins, executed the deal with the assistance of their company, Lande Alexander Properties Inc.