Valley National Bank Provides $4M Loan For Multifamily Property Acquisition In Gowanus, Brooklyn

A multifamily property located at 137 Prospect Avenue in Gowanus, Brooklyn has recently been involved in a closed transaction. The loan for this transaction was provided by Valley National Bank for a total amount of $4,000,000. The property is owned by Sekewinic PA - The Nazarian Family.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,000,000
• Address: 137 Prospect Avenue, Gowanus, Brooklyn
• Lender: Valley National Bank
• Landlord: Sekewinic PA - The Nazarian Family

Steven Sperandio and DJ Johnston, both from B6 Real Estate Advisors, served as brokers in this transaction. Steven Sperandio executed the financing assignment, while DJ Johnston acted as the investment sales agent responsible for the sale of the asset. Their partnership and expertise in the Brooklyn marketplace have positioned them as leading brokers at B6 Real Estate Advisors. The company's primary corporate strategy involves establishing a dominant market presence in each NYC neighborhood, and DJ Johnston and Steven Sperandio exemplify this approach in their dedicated territory of Brooklyn. B6 Real Estate Advisors follows a strategy where each investment sales agent works closely with a capital markets broker, and DJ and Steve have been successful in implementing this approach to benefit their clients.