Galaxy Capital Arranges $67M Construction Loan For Mixed-Use Property On Fulton Street In Downtown Brooklyn

The mixed-use property located at 570 Fulton Street in Downtown Brooklyn has been involved in a recent closed transaction. With a total square footage of 123,872 and comprising 155 units, this property offers a versatile space for both residential and commercial use.

Summary of Transaction Details

• Property Type: Mixed-Use
• Transaction Amount: $67,000,000
• Address: 570 Fulton Street
• Market: Downtown Brooklyn
• Square Footage: 123,872
• Units: 155

Henry Bodek from Galaxy Capital acted as the broker in this deal, representing the involved parties in this closed transaction.

The loan provided for this property was in the amount of $67,000,000 and falls under the category of construction loan. This financial support will contribute to the development and improvement of the mixed-use property at 570 Fulton Street, enhancing its appeal and increasing its market value.