Josh Zegen Acquires Mixed-Use Property At 159 Broadway In Williamsburg For $27.5M

The mixed-use property located at 159 Broadway in Williamsburg has been involved in a closed transaction. The deal was facilitated by Galaxy Capital, the brokerage firm representing the parties involved. The property consists of both residential and commercial spaces, offering a diverse range of opportunities. The transaction value reached $27,500,000, reflecting the significance of the property in the market.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $27,500,000
• Lender: Josh Zegen from Madison Realty Capital and Eli Tabak from The Bluestone Group
• Landlord: Isaac Hager - Cornell Realty Management

In this transaction, Josh Zegen from Madison Realty Capital and Eli Tabak from The Bluestone Group acted as lenders. The loan amount of $27,500,000 demonstrates the confidence in the property's potential. Additionally, Isaac Hager from Cornell Realty Management served as the landlord, overseeing the management of the property. The involvement of these key individuals and companies highlights the significance of the deal and their roles in shaping the outcome.