DBJPM 2017-C6 611 Degraw LLC Acquires Union Hotel In Gowanus, Brooklyn For $8M | 611 Degraw Street - Union Hotel | Hotel | Sale

Summary

Sale

NEW YORK

Hotel

12,625 sqft

The Union Hotel at 611 Degraw Street in Gowanus, Brooklyn has been sold for $8,000,000. The property, which spans 12,625 square feet, was acquired by DBJPM 2017-C6 611 Degraw LLC. The sale price translates to a price per square foot of $634.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $8,000,000
Address: 611 Degraw Street, Gowanus, Brooklyn
Market: Gowanus, Brooklyn
Square Footage: 12,625
Buyer: Matthew Furay - DBJPM 2017-C6 611 Degraw LLC

DBJPM 2017-C6 611 Degraw LLC, a securitized lender entity, purchased the Union Hotel through a foreclosure auction. The transfer value of the property was $8 million.

Details

Deal Summary

SOLD

IMAGE: 11/22/2023 ADDRESS: 611 Degraw Street - Union Hotel MARKET: Gowanus, Brooklyn ASSET TYPE: Hotel BUYER: Matthew Furay - DBJPM 2017-C6 611 Degraw LLC SALE PRICE: $8,000,000 SF: 12,625 ~ PPSF: $634 NOTE: The Union Hotel at 611 Degraw Street in Gowanus, Brooklyn, has been acquired by DBJPM 2017-C6 611 Degraw LLC, a securitized lender entity, through a foreclosure auction, with a transfer value of $8 million. 611DegrawLLC

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Address611 Degraw Street - Union Hotel

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