Rishona Simcha Secures $2.5M Refinance Loan For Mixed-Use Property In Brooklyn

The property involved in this transaction is a mixed-use asset located at 794 Classon Avenue in Brooklyn. It consists of 10 units and has secured a refinance loan of $2,500,000 with a fixed interest rate of 5.49% for a term of 5 years.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,500,000
• Loan Type: Refinance
• Loan Terms: 5.49% Fixed for 5 Years
• Address: 794 Classon Avenue
• Market: Brooklyn
• Landlord: Rishona Simcha
• Broker: Abe Mann - Mann Capital Advisors

Abe Mann from Mann Capital Advisors represents the landlord Rishona Simcha in this loan transaction. For any financing needs, he can be reached at [email protected] or via phone at 917-574-3810.