Equitas Capital Group Provides $1.56M Acquisition Loan For Mixed-Use Property In Prospect Park, Brooklyn

Located at 1235 Prospect Avenue in Prospect Park, Brooklyn, this mixed-use property spans a total area of 3,507 square feet. The transaction, which took place on January 27, 2022, involved an acquisition loan.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $1,560,000
• Loan Amount: $1,560,000
• Loan Type: Acquisition
• Loan Terms: 3.57% rate, 25 years fixed amm, 10 years fixed term

The brokers involved in this deal were Alex Leykind and Michael Tsyngauz from Equitas Capital Group. Equitas Capital Group specializes in offering tailored solutions for commercial real estate financing needs. They prioritize building strong relationships with clients and understanding their individual needs and challenges. Through their expertise, market-leading technology, and dedicated team, they ensure client satisfaction by providing loans with the lowest rates and highest benefits in the shortest possible time. For more information on how they can assist with finding the best loans for commercial properties, contact Equitas Capital Group at tel:646.637.7510.