Conway Capital Secures $8.25M Loan For Mixed-Use Property On Atlantic Avenue, Brooklyn
214-218 Atlantic Avenue
Mixed-use
6,000 SF
6,000 SF
Financed 1 year ago
Summary
214-218 Atlantic Avenue in Brooklyn has been involved in a recent closed property transaction. This mixed-use property has attracted attention in the market.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $8,250,000
- Address: 214-218 Atlantic Avenue
- Market: Brooklyn
The lender in this transaction was LMF Commercial, which is a part of Lennar Co. The loan brokers who facilitated the deal were Jonathan Singer from Strategic Funding Corp. and Robert Tobias from RJT Capital Partners.
The loan amount for this transaction was $8,250,000, and the loan terms were for a 10-year fixed period with full interest-only payments.
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214-218 Atlantic Avenue
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