Bridgehampton National Bank Provides $3.8M Loan For Mixed-Use Property In Brooklyn, Williamsburg

The property involved in this transaction is a 4-story mixed-use building located at 386 Metropolitan Avenue in Brooklyn's Williamsburg neighborhood. The building is comprised of 6 residential apartments and spans a total of 5,000 square feet. The landlord of the property is Noam Amos & Shai Antebi.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $3,800,000
• Lender: Bridgehampton National Bank
• Broker: Michael Volpe – @Highcap_Group
• Loan Amount: $3,800,000
• Loan Terms: 3.75% interest, 30-year amortization
• Square Footage: 5,000 SF

The lender for this transaction is Bridgehampton National Bank. The loan amount provided for the property is $3,800,000 with a loan term of 3.75% interest and a 30-year amortization schedule. The broker involved in the deal is Michael Volpe from the Highcap Group.