Kearny Bank Provides $4.5M Construction Loan For Multifamily Property On Clarendon Rd

A multifamily property located at 2316 Clarendon Rd. in the Flatbush market has been involved in a closed transaction. The property spans approximately 7,985 square feet.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,500,000
• Lender: Kearny Bank
• Landlord: Roy Moussaieff
• Broker: Leviathan Capital - Alec Feintuch

The loan for this transaction was provided by Kearny Bank in the form of a construction loan. Roy Moussaieff acted as the landlord in the deal. The broker representing the transaction was Alec Feintuch from Leviathan Capital.