Pinchus Schwartz Of Castling Capital Group Provides $1.875M Bridge Loan For Multifamily Property In Flatbush, Brooklyn

The multifamily property located at 2308 Albemarle Road in Flatbush, Brooklyn has recently undergone a closed transaction. This property spans approximately 25,900 square feet and comprises 33 units, making it a notable asset in the area.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,875,000
• Address: 2308 Albemarle Road
• Market: Flatbush, Brooklyn
• SF: 25,900
• Units: 33

Pinchus Schwartz from Castling Capital Group served as the lender for this transaction, providing a bridge loan of $1,875,000. The landlord involved in this deal is Shloishu Elunois. The brokers who facilitated this transaction were Daniel Greenblatt, Shaun Riney, and Zalman Yarmush from Marcus & Millichap, along with Pinchus Schwartz from Castling Capital Group.