Conway Capital Refinances Park Slope & Prospect Park Multifamily For $6.3M

350 5th Street

$6,300,000

$481/SF

Building Size

13,080 SF

Asset Type

MultiFamily

Closing

Mar 3, 2023

AI

A multifamily property located at 350 5th Street & 372 Baltic Street in Park Slope & Prospect Park has recently undergone a loan refinance transaction. The property spans over 13,080 square feet and comprises 16 units. The transaction took place on 03/03/2023.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $6,300,000
Loan Type: Refinance
Loan Terms: CMBS, 10-year full IO, 78% LTC

The landlord of the property is Conway Capital, represented by Abe Cohen. The lender in the refinance transaction is LMF Commercial, with Nihad Choudhury serving as the representative. The broker involved in the deal is Robert Tobias.

Players