Madison Realty Capital Provides $45.8M Construction Loan For Mixed-Use Property In Williamsburg | 296 Wythe Avenue | Steven Hersko | Mixed-use | Loan

Summary

Loan

NEW YORK

Mixed-use

The mixed-use property located at 296 Wythe Avenue in Williamsburg has been involved in a recent transaction. The property consists of 55 units and is situated in a prime market area.

Summary of Transaction Details

Property Type: Mixed-use
Transaction Amount: $45,800,000
Date: 02/09/2022
Address: 296 Wythe Avenue, Williamsburg
Market: Williamsburg
Units: 55

The loan for this transaction was provided by Madison Realty Capital, with Josh Zegen representing the lender. The loan amount was $45,800,000, and it was of the construction type. Bruman Realty acted as the landlord for this deal. Steven Hersko from SHB Group served as the broker in this transaction.

Players

All
2

Agents
1
Agencies
1

Steven Hersko

Managing Director

SHB Group

Details

Deal Summary

FINANCED

IMAGE: Josh Zegen DATE: 02/09/2022 ADDRESS: 296 Wythe Avenue MARKET: Williamsburg ASSET TYPE: Mixed-use ~ UNITS: 55 LENDER: Madison Realty Capital (@MadisonRealtyCapital) - Josh Zegen (@JZegen) LANDLORD: Bruman Realty BROKER: Steven Hersko - SHB Group LOAN AMOUNT: $45,800,000 LOAN TYPE: Construction

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Address296 Wythe Avenue

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