Cornerstone Capital Financing Secures $2.127M Acquisition Loan For Industrial Property In Brooklyn

The industrial property located at 17 Ingraham Street in Brooklyn was involved in a recent transaction. The property spans 5,000 square feet and was acquired with a loan amount of $2,127,000 at a 5.35% rate. The loan terms include a 25-year fixed period with a 90% loan-to-value ratio. The landlord of the property is Arseny Rivani, and the financing for the acquisition was secured by Russell Nova & Igor Zakh from Cornerstone Capital Financing.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,127,000
• Address: 17 Ingraham Street
• Market: Brooklyn
• Loan Type: Acquisition
• Loan Terms: 5.35% Rate / 25 Year Fixed / 90 LTV
• Landlord: Arseny Rivani
• Brokers: Russell Nova & Igor Zakh - Cornerstone Capital Financing

Russell Nova and Igor Zakh from Cornerstone Capital Financing played key roles in securing the financing for this industrial property in Brooklyn. They ensured a smooth process for the borrower with the best terms available in the market. The team at Cornerstone Capital has a track record of successfully securing financing for various types of properties, including industrial, retail, and multifamily. Igor Zakh, the Operating Officer, can be reached at 917-567-1646 or igor@csg-ny.com, while Russell Nova, the Principal, can be contacted at 917-559-1820 or [email protected].