F2H Capital Group Secures $3.4M Construction Loan For Mixed-Use Property On Atlantic Avenue In NYC

The asset involved in this transaction is a mixed-use property located at 176 Atlantic Avenue in New York City, encompassing a total square footage of 6,160. The loan amount secured for this property is $3,425,000, designated for construction purposes.

Summary of transaction details:

• Property Type: Mixed-Use
• Transaction Amount: $3,425,000
• Asset Address: 176 Atlantic Avenue
• Market: New York City
• Seller: Ayoub Family
• Landlord: Kings Capital - George Giannopoulos, Tommy Giannopoulos & Jeffrey Znaty
• Brokers: Farrukh Hasanov & Farkhad Hasanov - F2H Capital Group
• Loan Type: Construction

The transaction involved key individuals such as the seller, the Ayoub Family, while the landlord is represented by Kings Capital, which includes George Giannopoulos, Tommy Giannopoulos, and Jeffrey Znaty. The brokerage team of Farrukh Hasanov and Farkhad Hasanov from F2H Capital Group facilitated the loan arrangement, assisting real estate investors with financing solutions.