Joshua Skolnick Secures $6.5M Rehab Construction Loan For Multifamily Building In Carroll Gardens, Brooklyn | 336 Degraw Street | First Republic Bank | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

3,000 sqft

Joshua Skolnick secured a rehab construction loan worth $6.5 million from First Republic Bank for a four-family building located at 336 Degraw Street in Carroll Gardens, Brooklyn. The multifamily property has a building square footage of 3,000 and a buildable square footage of 4,998.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $6,500,000
Address: 336 Degraw Street, Carroll Gardens, Brooklyn
Market: Carroll Gardens, Brooklyn
Bank Lender: First Republic Bank
Landlord: Jonathan C. Skolnick
Loan Type: Rehab Construction

The loan was secured by Joshua Skolnick, representing the landlord Jonathan C. Skolnick. The loan, provided by First Republic Bank, will be used for the rehabilitation and construction of the four-family building located at 336 Degraw Street in Carroll Gardens, Brooklyn.

Players

All
1

Lenders
1

First Republic Bank

Details

Deal Summary

FINANCED

IMAGE: 05/19/2023 ADDRESS: 336 Degraw Street MARKET: Carroll Gardens, Brooklyn ASSET TYPE: Multifamily ~ BSF: 4,998 ~ SF: 3,000 LENDER: First Republic Bank LANDLORD: Jonathan C. Skolnick LOAN AMOUNT: $6,500,000 LOAN TYPE: Rehab Construction NOTE: Joshua Skolnick secured a rehab construction loan worth $6.5 million from First Republic Bank for a four-family building located at 336 Degraw Street in Carroll Gardens, Brooklyn.

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Address336 Degraw Street

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