UBS Provides $64M Loan For Martin Nussbaum & David Schwartz's Mixed-Use Property On Fourth Avenue, Park Slope

541-555 Fourth Avenue

Mixed-use

103,602 SF

Financed 1 year ago

Summary

Loan

NEW YORK

Mixed-use

103,602 sqft

Martin Nussbaum and David Schwartz have secured a loan for a mixed-use property located at 541-555 Fourth Avenue in Park Slope. The loan, obtained from ubs''>UBS, amounts to $64,000,000. The property features a combination of residential and commercial spaces.

Summary of transaction details

Property Type: Mixed use
Transaction Amount: $64,000,000
Address: 541-555 Fourth Avenue, Park Slope

The loan was facilitated by UBS, serving as the lender. The landlords of the property are Martin Nussbaum and David Schwartz, representing Slate Property Group in this deal.

Players

All
1

Lenders
1

UBS

Details

Deal Summary

FINANCED

IMAGE: Martin Nussbaum & David Schwartz DATE: 07/22/2021 ADDRESS: 541-555 Fourth Avenue MARKET: Park Slope ASSET TYPE: Mixed use LENDER: @UBS LANDLORD: Martin Nussbaum @martin.nuss & David Schwartz - @SlatePropertyGroup LOAN AMOUNT: $64,000,000

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Address541-555 Fourth Avenue

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