FINANCED
NYCB Provides $1.69M Acquisition Loan For Multifamily Property In East New York, Brooklyn
240 New Jersey Avenue
MultiFamily
11,712 SF
11,712 SF
Financed 1 year ago
Summary
Loan
NEW YORK
MultiFamily
11,712 sqft
Located at 240 New Jersey Ave in East New York, Brooklyn, this multi-family property is a noteworthy asset in the real estate market. With a square footage of 11,712, the property consists of 16 units, making it an attractive investment opportunity.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,691,000
- Lender: NYCB
- Landlord: Garib Family
- Brokers: William Watkins & Zachary Fuchs - GFI Realty
Notably, the acquisition of this property was made possible through a loan provided by NYCB. The Garib Family serves as the landlord, overseeing the management and operation of the property. Representing the parties involved in this deal are William Watkins and Zachary Fuchs of GFI Realty.
Players
All
3
Agents
2
Agencies
1
Details
FINANCED
IMAGE: William Watkins & Zachary Fuchs
DATE: 05/19/2022
ADDRESS: 240 New Jersey Ave.
MARKET: East New York, Brooklyn
ASSET TYPE: Multifamily ~ SF: 11,712 ~ UNITS: 16
LENDER: NYCB
LANDLORD: Garib Family
BROKERS: William Watkins & Zachary Fuchs (@ZacharyDFuchs) - GFI Realty (@GFIRealty)
LOAN AMOUNT: $1,691,000
LOAN TYPE: AcquisitionView on map
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Address240 New Jersey Avenue
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