JCS Realty Refinances Mott Haven Multifamily For $67.5M With Customers Bank And Bank Leumi

The property involved in this transaction is a multifamily asset located at 276 Grand Concourse Blvd in Mott Haven. It spans an impressive 200,000 square feet and comprises 215 units. The landlord of this property is JCS Realty, represented by Jacob Schwimmer.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $67,500,000
• Address: 276 Grand Concourse Blvd
• Market: Mott Haven
• Square Footage: 200,000
• Number of Units: 215

In terms of financing, the loan for this transaction was secured through a refinance. Customers Bank, represented by Leo DiLoreto, and Bank Leumi, represented by Jeff Puchin, provided the loan for this property. The brokers who facilitated this deal were Michael Wittow and Leah Paskus from Landstone Capital Group.