Eugene Mendlowitz Secures $11 Million Refinance From Hirshmark Capital For Industrial Property In Brooklyn

The asset involved in this transaction is a 40,300-square-foot industrial property located at 370 19th Street in the Greenwood Heights neighborhood of Brooklyn. The loan for this property amounts to $11 million, which serves as a refinance to replace a prior $7.7 million loan obtained from M&T Bank.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $11,000,000
• Address: 370 19th Street
• Market: Greenwood Heights, Brooklyn
• Lender: Hirshmark Capital
• Landlord: Eugene Mendlowitz
• Loan Type: Refinance

Eugene Mendlowitz’s 370 19th Street LLC is the entity that secured the refinancing from Hirshmark Capital for the industrial property in Brooklyn’s Greenwood Heights, signifying a notable transaction in the area.