Juda Lefkowitz Secures $16.5M Construction Loan From Dime Community Bank

Juda Lefkowitz secured a $16.5 million new construction loan from Dime Community Bank for a 42-unit development at 3914 15th Avenue in Borough Park, Brooklyn. The development site spans 45,246 square feet and is designated for the construction of a residential complex comprising 42 units.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $16,500,000
• Address: 3914 15th Avenue
• Market: Borough Park, Brooklyn
• Lender: Dime Community Bank
• Landlord: Juda Lefkowitz

The $16.5 million construction loan was facilitated by Dime Community Bank for the development of a 42-unit residential complex on the property located at 3914 15th Avenue in Borough Park, Brooklyn. Juda Lefkowitz, the landlord and recipient of the loan, will oversee the construction of the project.