Chase Bank Provides $1.675M Refinance Loan For Multifamily Property In Crown Heights

The multifamily property located at 1469 Pacific Street in Crown Heights, Brooklyn, was involved in a loan transaction. The loan amount for this refinance was $1,675,000 with a fixed 6.53% interest rate over a 5-year term.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,675,000
• Address: 1469 Pacific Street
• Market: Crown Heights, Brooklyn
• Lender: Chase Bank
• Brokers: Israel Leiner & Meir Beinenfeld - Meridian Capital Group
• Loan Type: Refinance
• Loan Terms: 6.53% Fixed 5 Year Term

Israel Leiner and Meir Beinenfeld from Meridian Capital Group represented the parties involved in this loan transaction.