FINANCED
Gotham Commercial Capital Arranges $16M Construction Loan For 1 Putnam Ave Development Site
1 Putnam Avenue
Development Site
Financed 73 days ago
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
Details
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 LoanView on map
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Address1 Putnam Avenue
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