Northwind Group Provides $10.3M Loan For Mixed-Use Property On Manhattan Avenue

A mixed-use property comprising of a residential condominium and retail space located at 996 Manhattan Avenue in Greenpoint was recently involved in a closed transaction. The property spans a total area of 10,063 square feet.

Summary of transaction details:

• Property Type: Mixed-Use (Residential Condominium + Retail)
• Transaction Amount: $10,300,000
• Address: 996 Manhattan Avenue, Greenpoint
• Market: Greenpoint
• Lender: Northwind Group - Ran Eliasaf & Gabriel Hamani
• Landlord: Redhoek + Partners - Lee Cohen
• Loan Type: Refinance
• Loan Terms: Construction Completion / Condo Inventory Loan

The financing for this transaction was provided by Northwind Group, with Ran Eliasaf and Gabriel Hamani representing the lender. The landlord, Redhoek + Partners, was represented by Lee Cohen. The loan amount for the refinance was $10,300,000, with specific terms related to construction completion and condo inventory.

For further opportunities, interested parties can contact Northwind Group through email at [email protected].