Manufacturing Firm Secures $52M Loan For Mixed-Use Property In East New York, Brooklyn | 2864 Atlantic Avenue | Cross River Bank | Mixed-use | Loan

Summary

Loan

NEW YORK

Mixed-use

A manufacturing firm secured $52 million in financing from Cross River Bank for its property located at 2864 Atlantic Avenue in East New York, Brooklyn. The property is categorized as a mixed-use asset and is owned by Lori Korsun-Morra of Iconix.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $52,000,000
Address: 2864 Atlantic Avenue
Market: East New York, Brooklyn

Cross River Bank provided the financing for the property, while Lori Korsun-Morra from Iconix is the landlord.

Players

All
1

Lenders
1

Cross River Bank

Details

Deal Summary

FINANCED

IMAGE: 10/24/2023 ADDRESS: 2864 Atlantic Avenue MARKET: East New York, Brooklyn ASSET TYPE: Mixed-use LENDER: Cross River Bank (@CrossRiver_) LANDLORD: Lori Korsun-Morra - Iconix LOAN AMOUNT: $52,000,000 NOTE: A manufacturing firm secured $52 million in financing for its property located at 2864 Atlantic Avenue in Brooklyn. The loan was provided by Cross River Bank and the property is categorized as transportation and utility asset, with Iconix listed as the owner.

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Address2864 Atlantic Avenue

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