Cornerstone Capital Secures $4,387,000 Acquisition Loan For Mixed-Use Property In Brooklyn

The property asset involved in this transaction is a mixed-use building located at 1467 Bedford Avenue in Brooklyn. The asset encompasses a total square footage of 9,078 and includes 13 units, consisting of 1 commercial unit and 12 residential units. The loan for this acquisition was secured at an amount of $4,387,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $4,387,000
• Loan Type: Acquisition
• Loan Terms: 12 Month Interest Only Product, 15 Day Close, 65 LTV
• Date of Transaction: 5/26/2026
• Market: Brooklyn
• Asset Square Footage: 9,078
• Number of Units: 13 (1 Commercial & 12 Residential)
• Brokers: Russell Nova, Igor Zakh & Sean Kuts - Cornerstone Capital Financing

The loan was handled by the team at Cornerstone Capital, which includes Igor Zakh, Russell Nova, and Sean Kuts. They managed to fulfill an expedited closing request with favorable terms on behalf of the buyer, highlighting their ability to maintain strong lender relationships. Additionally, there was a note from the broker acknowledging gratitude towards their realtor partners for trusting them with financing requests.