Abraham Stern & Yechiel Stern Secure $40 Million Refinance From Amalgamated Bank In Brooklyn

The asset involved is a mixed-use property located at 87 George Street and 150 Noll Street in Bushwick, Brooklyn. The total square footage of the property is 108,387. Abraham Stern and Yechiel Stern have secured a refinancing loan amounting to $40,000,000 from Amalgamated Bank.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $40,000,000
• Loan Type: Refinance
• Lender: Amalgamated Bank
• Landlords: Abraham Stern & Yechiel Stern
• Market: Bushwick, Brooklyn
• Asset Address: 87 George Street & 150 Noll Street
• Total Square Footage: 108,387

This refinancing deal is executed by Abraham Stern and Yechiel Stern, who are the landlords of the mixed-use rental property. The transaction involves Amalgamated Bank, serving as the lender for this significant financial agreement.