A mixed-use property located at 357 Legion Street in Brooklyn spans a total of 4,605 square feet and consists of 2 units. The property was financed through a loan amounting to $2,100,000 as part of a refinance arrangement with a term of 15 years.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,100,000
• Address: 357 Legion Street
• Market: Brooklyn
• Asset Size: 4,605 SF
• Units: 2
• Lender: Ponce Bank
• Loan Originator: Bo-Yi Ng
• Broker: Sterling Capital Solutions Inc
• Loan Terms: 15 Years

Ponce Bank, through Bo-Yi Ng, was the loan originator facilitating this refinance. Sterling Capital Solutions Inc acted as the broker for this transaction, assisting in navigating the financing process for the mixed-use building in Brooklyn. Note from lender: Ponce Bank is proud to provide a permanent mortgage for a mixed-use building in Brooklyn, reinforcing our commitment to community-focused lending and neighborhood investment.