Zeff Land Company Acquires Multifamily Property In Clinton Hill For $1,295,000 Loan

The multifamily property located at 164 Clifton Place in Brooklyn's Clinton Hill neighborhood has been involved in a recent transaction. The property spans approximately 3,200 square feet and consists of three units.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $1,295,000
• Date: 10/13/2021
• Address: 164 Clifton Place, Brooklyn
• Market: Clinton Hill
• Loan Type: Acquisition Loan

The lender for this transaction was Stony Clove Capital, represented by Adam Sabella. The loan amount obtained was $1,295,000. The landlord of the property is Zeff Land Company. The brokers involved in the deal were Cooper Ramsey and Peter Stobierski from Truerate Services.