CW Realty Refinances Multifamily Property In Dumbo With $42.6M Loan From Valley National Bank

The Multifamily property located at 251 Front Street in the Dumbo market has recently undergone a refinancing transaction. The property spans approximately 67,500 square feet and consists of 58 units. CW Realty, represented by Cheskie Weisz, is the landlord of this property. The loan was provided by Valley National Bank, with Jeff Putchin serving as the lender's representative. Leah Paskus and Pinchas Vogel, broker representatives, facilitated the deal.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $42,600,000
• Square Footage: 67,500
• Units: 58
• Landlord: CW Realty - Cheskie Weisz
• Lender: Valley National Bank - Jeff Putchin
• Brokers: Leah Paskus & Pinchas Vogel
• Loan Type: Refinance

The individuals and companies involved in this transaction include Cheskie Weisz representing CW Realty as the landlord, and Jeff Putchin representing Valley National Bank as the lender. Leah Paskus and Pinchas Vogel acted as brokers to facilitate the deal. This refinancing transaction brings new financial opportunities to the property located at 251 Front Street in Dumbo.