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FINANCED

Solomon Jacobowitz Secures $24.5M Construction Loan For Williamsburg Condo

103 North 10th Street

Condo
50,971 SF
clock iconFinanced 351 days ago
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Summary

Loan
NEW YORK
Condo
50,971 sqft

Solomon Jacobowitz secured a refi loan valued at $24.5 million from Greystone & Co for a 39-unit rental condo located at 103 North 10th Street in Williamsburg, Brooklyn. The condo, spanning 50,971 square feet, is situated in a prime location in the vibrant market of Williamsburg.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $24,500,000
  • Address: 103 North 10th Street, Williamsburg, Brooklyn
  • Market: Williamsburg, Brooklyn
  • Asset Type: Condo
  • Square Footage: 50,971
  • Lender: Greystone & Co - N. Tyler Darby
  • Landlord: Solomon Jacobowitz
  • Loan Type: Construction

N. Tyler Darby from Greystone & Co represented the lender in this refi loan transaction, ensuring the successful refinancing of Solomon Jacobowitz's rental condo in Williamsburg. The loan provided Jacobowitz with significant funds to support the construction and maintenance of the 39-unit condo.

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Greystone
Greystone

Details

Deal Summary
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FINANCED
IMAGE: 05/16/2023 ADDRESS: 103 North 10th Street MARKET: Williamsburg, Brooklyn ASSET TYPE: Condo ~ SF: 50,971 LENDER: Greystone & Co - N. Tyler Darby LANDLORD: Solomon Jacobowitz LOAN AMOUNT: $24,500,000 LOAN TYPE: Construction NOTE: Solomon Jacobowitz secured a refi loan valued at $24.5 million from Greystone & Co. The loan was for a 39-unit rental condo located at 103 North 10th Street in Williamsburg, Brooklyn.

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Address103 North 10th Street

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