IceCap Group Refinances Mixed-Use Property In Red Hook For $3.3M

253 Van Brunt St. in Red Hook has been recently refinanced with a loan amount of $3,300,000. This mixed-use property spans over 6,300 square feet and is located in the vibrant market of Red Hook. The loan was secured by ICECap Group and represented by Mordi Lati and Ezra Dweck. The landlord of the property is Lee Cohen.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,300,000
• Address: 253 Van Brunt St.
• Square Footage: 6,300
• Market: Red Hook

The loan, provided by ICECap Group, was successfully closed within one week of signing the term sheet. The timely refinancing allowed for the payment of the maturing debt on the property. This demonstrates the efficiency and cooperation of all parties involved in the transaction. For any inquiries regarding the loan, Mordi Lati of ICECap Group can be contacted at 917.294.1180 or [email protected].