FINANCED
Caspi Development Acquires Multifamily Property In Greenpoint, Brooklyn For $9.3M
144 West Street
MultiFamily
17,400 SF
17,400 SF
Financed 1 year ago
Summary
Loan
NEW YORK
MultiFamily
17,400 sqft
The multifamily property located at 144 West Street in Greenpoint, Brooklyn has been the subject of a recent closed transaction. The property spans 17,400 square feet and consists of 22 units. The deal was facilitated by Bryan Manz, Rob Serra, Phil Bowman, and Brandon Harris of Black Bear Capital Partners, who represented the parties involved.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,325,000
The lender for this transaction was MF1 Capital, providing a two-year bridge loan with an initial floating interest rate of 5.15%. The property's landlord is Caspi Development.
Players
All
6
Agents
4
Agencies
2
Details
FINANCED
IMAGE: Joshua Caspi
DATE: 12/16/2019
ADDRESS: 144 West Street
MARKET: Greenpoint, Brooklyn
ASSET TYPE: Multifamily
LENDER: MF1 Capital
LANDLORD: @CaspiDevelopment
BROKERS: Bryan Manz, Rob Serra, Phil Bowman, Brandon Harris – Black Bear Capital Partners (@blackbearcapitalpartners)
LOAN AMOUNT: $9,325,000
LOAN TERMS: Two-year bridge loan (initial floating interest rate of 5.15%)
SF: 17,400 UNITS: 22
NOTE: The […]View on map
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Address144 West Street
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