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1 Putnam Avenue
FINANCED

Gotham Commercial Capital Arranges $16M Construction Loan For 1 Putnam Ave Development Site

1 Putnam Avenue

Development Site
clock iconFinanced 113 days ago
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Summary

Loan
NEW YORK
Development Site

The development site located at 1 Putnam Avenue in Clinton Hill, Brooklyn, with a total buildable square footage of 54,000 was involved in a recent transaction. The property was the subject of a $16,000,000 construction loan.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $16,000,000
  • Lender: Popular Bank
  • Landlord: Abe & Joseph Betesh
  • Broker: Shai Denburg - Gotham Commercial Capital

The loan for the development site at 1 Putnam Avenue was provided by Popular Bank. The landlords, Abe & Joseph Betesh, were involved in the transaction along with the broker, Shai Denburg from Gotham Commercial Capital.

Players

  • All

    3

  • Agents

    1

  • Agencies

    1

  • Lenders

    1

Shai Denburg 's profile picture
Shai Denburg
Gotham Commercial Capital-image
President

Details

Deal Summary
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FINANCED
IMAGE: Shai Denburg, Abe Betesh & Joseph Betesh DATE: 02/22/2024 ADDRESS: 1 Putnam Avenue MARKET: Clinton Hill, Brooklyn ASSET TYPE: Development Site ~ BSF: 54,000 LENDER: Popular Bank (@PopularBank) LANDLORD: Abe & Joseph Betesh BROKER: Shai Denburg - Gotham Commercial Capital LOAN AMOUNT: $16,000,000 LOAN TYPE: Construction Loan

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Address1 Putnam Avenue

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