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David Bistricer Secures $125 Million Refinance Loan For 2360 Bedford Avenue Multifamily In Brooklyn

Property Image
FINANCED
$125,000,000

New York

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MultiFamily196,034 SF
Financed 11/07/2025
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Property Image
FINANCED

David Bistricer Secures $125 Million Refinance Loan For 2360 Bedford Avenue Multifamily In Brooklyn

2360 Bedford Avenue

See Similar Deals
MultiFamily196,034 SF
Financed 11/07/2025
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$637
Total Square Footage:196,034 SF
Transaction Type:Loan

The asset involved in this transaction is a multifamily property located at 2360 Bedford Avenue in Brooklyn. It encompasses a total square footage of 196,034 and comprises 296 units, reflecting its capacity to serve a substantial residential population.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $125,000,000
  • Loan Type: Refinance
  • Lender: Chris Gregg & Jeff Puchin - Valley National Bank
  • Landlord: David Bistricer
  • Brokers: Leah Paskus & Pinchas Vogel - Landstone Capital Group

The deal features key contributions from Chris Gregg and Jeff Puchin as representatives from Valley National Bank providing the refinancing loan. David Bistricer is the landlord involved, and brokerage services are represented by Leah Paskus and Pinchas Vogel from Landstone Capital Group, facilitating the transaction process.

Players

Leah Paskus
35 deals$3.6B volume
BROKER

Pinchas Vogel
Landstone Capital Group
28 deals$2.2B volume
BROKER

Landstone Capital Group
BROKERAGE

Details

FINANCED
IMAGE: Chris Gregg, David Bistricer & Jeff Puchin DATE: 11/7/2025 ADDRESS: 2360 Bedford Avenue MARKET: Brooklyn ASSET TYPE: Multifamily ~ SF: 196,034 ~ UNITS: 296 LENDER: Chris Gregg & Jeff Puchin - Valley National Bank (@ValleyBank) LANDLORD: David Bistricer BROKERS: Leah Paskus & Pinchas Vogel - Landstone Capital Group LOAN AMOUNT: $125,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$125,000,000.00

Monthly NOI$833,333.33
Monthly Debt Service$790,085.03
Change in Cash Flow$0.00
Refinance Proceeds$0.00