Anthony Morena Acquires Other Property In Williamsburg For $3.5M

The property located at 346 Metropolitan Avenue in Brooklyn, Williamsburg was recently involved in a closed transaction. The property is an Other type asset with a square footage of 2,100. The lender in this deal was rosenthal''>Rosenthal & Rosenthal, providing a loan amount of $3,500,000. The loan terms were set at 8.75% floating at 3.25% over Prime. The landlord of the property is Anthony Morena. The broker representing the deal was Michael Volpe from Highcap Group.

Summary of transaction details

• Property Type: Other
• Transaction Amount: $3,500,000
• Lender: Rosenthal & Rosenthal
• Landlord: Anthony Morena
• Broker: Michael Volpe - Highcap Group
• Square Footage: 2,100

The key individuals and companies involved in this transaction include Anthony Morena as the landlord of the property and Michael Volpe from Highcap Group as the broker representing the deal. The lender, Rosenthal & Rosenthal, provided the loan for the transaction with the terms set at 8.75% floating at 3.25% over Prime.