386 Leonard Street Development Site In Williamsburg Acquired By BridgeCity Capital For $2.9M
386 Leonard Street
Development Site
60,000 SF
60,000 SF
Financed 1 year ago
Summary
A development site located at 386 Leonard Street in Williamsburg has been sold in a closed transaction. The property spans 6,000 square feet and consists of 6 residential units and 1 commercial unit. The transaction was facilitated by brokers Moishe Loketch and Louis Lebovits from the Loketch Group.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: Not provided
- Address: 386 Leonard Street, Williamsburg
- Market: Williamsburg
Moishe Loketch and Louis Lebovits from the Loketch Group represented the buyer in this transaction. The lender for the deal was BridgeCity Capital, providing a loan amount of $2,900,000 with a term of 24 months and a LIBOR + 6.72 interest rate. The landlord of the property is Eli Pavel.
Players
All
3
Agents
2
Lenders
1
Details
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386 Leonard Street
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