Jonathan Douek And Yonatan Binman Of Bluestone Investments Secure $44.525M Acquisition Loan For 105-Unit Multifamily In Gowanus

The property asset involved in the transaction is a multifamily building located at 237 11th Street in the Gowanus market. The asset comprises 79,724 square feet and consists of 105 units, with a loan amount of $44,525,000 for acquisition purposes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $44,525,000
• Address: 237 11th Street
• Market: Gowanus
• Asset Size: 79,724 SF
• Units: 105
• Landlords: Jonathan Douek & Yonatan Binman - Bluestone Investments; Rony Kravel & Jonathan Bakhash - Shel Capital
• Brokers: Michael Shmuely, Michael Zaremski, Robert Tonnessen & John Flynn - JLL
• Loan Type: Acquisition

The deal features key stakeholders including landlords Jonathan Douek and Yonatan Binman, who are affiliated with Bluestone Investments, as well as Rony Kravel and Jonathan Bakhash from Shel Capital. The brokerage representation is handled by Michael Shmuely, Michael Zaremski, Robert Tonnessen, and John Flynn from JLL, facilitating the transaction.