Meridian Capital Group Secures $9.5M Refinance Loan For Mixed-Use Property In Brooklyn

335 Throop Avenue in Brooklyn has recently undergone a loan refinancing transaction. The loan amount secured for this mixed-use property was $9,500,000. The terms of the loan include a fixed rate of 3.25% for 10 years. The amortization period consists of 3 years of interest-only payments followed by 30 years of regular amortization.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $9,500,000
• Address: 335 Throop Avenue, Brooklyn
• Market: Brooklyn

This refinancing deal was facilitated by Charles Grussgott and Michael Helmreich from Meridian Capital Group. They acted as the brokers in this transaction, representing the parties involved.