FINANCED
Bank Of Hope Provides $10M Refinance Loan For Williamsburg Mixed-Use Property On Morgan Ave
186 Morgan Avenue
Mixed-use
99,000 SF
99,000 SF
Financed 1 year ago
Summary
Loan
NEW YORK
Mixed-use
99,000 sqft
The subject site involved in this transaction is a mixed-use property located at 186-200 Morgan Ave in Williamsburg. The property spans approximately 99,000 square feet and consists of several industrial structures, including a Cement mixery and dock walls that run through Newton Creek.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $10,000,000
- Address: 186-200 Morgan Ave
- Market: Williamsburg
- Square Footage: 99,000
The lender in this transaction is Bank of Hope, providing a refinance loan of $10,000,000. Adrian Edery & Michael Ryback from Paradigm Commercial Real Estate represented the parties involved in this deal.
Please note that the current lot size of the property is 99,000 square feet, with 198,000 square feet of buildable square footage.
Players
Details
FINANCED
IMAGE: Adrian Edery & Michael Ryback
DATE: 05/27/2022
ADDRESS: 186-200 Morgan Ave.
MARKET: Williamsburg
ASSET TYPE: Mixed-use ~ SF: 99,000
LENDER: Bank of Hope (@BankOfHope.Official)
BROKERS: Adrian Edery & Michael Ryback - Paradigm Commercial Real Estate (@Paradigm.CRE)
LOAN AMOUNT: $10,000,000
LOAN TYPE: Refinance
NOTE FROM BROKER: The subject site is a mixed-use property that contains several industrial structures along with a Cement mixery & dock walls that run through Newton Creek.
The current lot size is 99,000 SF with 198,000 of Buildable Square footage.View on map
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Address186 Morgan Avenue
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