Bravo Capital Provides $23M Bridge Loan For Mixed-Use Property In Flatbush, Brooklyn | 1620 New York Avenue | Bravo Capital | Aaron Krawitz, Henry Bodek | Mixed-use | Loan

Summary

Loan

NEW YORK

Mixed-use

32,453 sqft

The mixed-use property located at 1620 New York Avenue in Flatbush, Brooklyn has recently undergone a closed transaction. Spanning a total of 32,453 square feet, this property comprises 54 units, making it a valuable asset in the market.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $23,000,000
Address: 1620 New York Avenue, Flatbush, Brooklyn
Market: Flatbush, Brooklyn
Square Footage: 32,453
Units: 54

In this transaction, Bravo Capital, represented by Aaron Krawitz, provided a bridge loan of $23,000,000. Joel Jacob acted as the landlord in this deal. Meanwhile, the brokerage services were handled by Henry Bodek from Galaxy Capital.

Players

All
5

Agents
2
Agencies
2
Lenders
1

$537.3M Sold

Details

Deal Summary

FINANCED

IMAGE: 03/01/2022 ADDRESS: 1620 New York Avenue MARKET: Flatbush, Brooklyn ASSET TYPE: Mixed-use ~ SF: 32,453 ~ UNITS: 54 LENDER: Bravo Capital - Aaron Krawitz LANDLORD: Joel Jacob BROKERS: Henry Bodek - Galaxy Capital LOAN AMOUNT: $23,000,000 LOAN TYPE: Bridge Loan

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Address1620 New York Avenue

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