The property asset involved in this transaction is located at 2518 Ocean Avenue, situated in the Sheepshead Bay market of Brooklyn. It is classified as a development site with a total building square footage of 30,143. The landlord for this property is Michael Shapiro, who secured a refinance loan for the site.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $13,200,000
• Address: 2518 Ocean Avenue
• Market: Sheepshead Bay, Brooklyn
• Asset Size: 30,143 BSF
• Lender: Brian Steiner & Adam Glick - Maxim Capital Group
• Previous Loan Amount: $11,500,000 held by S3 Capital
• Loan Type: Refinance

Key individuals involved in this deal include Brian Steiner and Adam Glick, representing Maxim Capital Group as lenders in the refinancing transaction. The refinance was secured for a new 30-unit residential elevator building that is set to replace the prior debt held by S3 Capital.