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2201 Beverley Road
FINANCED

Jeff Puchin Of Valley National Bank Funds $105M Construction Loan On Beverley Road Multifamily

2201 Beverley Road

MultiFamily
210,000 SF
clock iconFinanced 60 days ago
Pinchas Vogel
Leah Paskus
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Summary

Loan
NEW YORK
MultiFamily
210,000 sqft

The multifamily property located at 2201 Beverley Road in Flatbush, Brooklyn spans 210,000 square feet and comprises 296 units. The property was involved in a recent transaction where a construction loan of $105,000,000 was secured. The lender for this transaction was Jeff Puchin from Valley National Bank, while the landlord involved was David Bistricer. The brokers who facilitated the deal were Leah Paskus and Pinchas Vogel from Landstone Capital Group.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $105,000,000
  • Address: 2201 Beverley Road
  • Market: Flatbush, Brooklyn
  • Asset Type: Multifamily
  • Square Footage: 210,000
  • Units: 296

The key individuals involved in this transaction include David Bistricer as the landlord of the property and Jeff Puchin from Valley National Bank as the lender. The deal was facilitated by Leah Paskus and Pinchas Vogel from Landstone Capital Group, who acted as the brokers in this construction loan transaction.

Players

  • All

    4

  • Agents

    2

  • Agencies

    1

  • Lenders

    1

Pinchas Vogel's profile picture
Pinchas Vogel
Landstone Capital Group-image
Managing Director
$105.4M Sold

Details

Deal Summary
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FINANCED
IMAGE: David Bistricer & Jeff Puchin DATE: 03/20/2024 ADDRESS: 2201 Beverley Road MARKET: Flatbush, Brooklyn ASSET TYPE: Multifamily ~ SF: 210,000 ~ UNITS: 296 LENDER: Jeff Puchin (@JeffPuchin) - Valley National Bank (@ValleyBank) LANDLORD: David Bistricer BROKERS: Leah Paskus & Pinchas Vogel - Landstone Capital Group LOAN AMOUNT: $105,000,000 LOAN TYPE: Construction

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Address2201 Beverley Road

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