Stony Clove Capital Provides $1.5M Loan For Mixed-Use Property On 5th Avenue, Sunset Park

A mixed-use property located at 5825 5th Avenue in Sunset Park has recently closed in a transaction. The property features a combination of residential and commercial spaces, making it a versatile asset for businesses and residents in the area. The closing date of the transaction was on January 12, 2021.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $1,500,000
• Address: 5825 5th Avenue, Sunset Park
• Market: Sunset Park

The loan for this transaction was provided by Stony Clove Capital, a reputable lender known for their expertise in real estate financing. The loan amount was $1,500,000, enabling the successful completion of the transaction. The broker who represented the parties involved in the deal was Romain Sinclair from the brokerage firm Greysteel.