FINANCED
Conway Capital Refinances Park Slope & Prospect Park Multifamily For $6.3M
350 5th Street
MultiFamily
13,080 SF
13,080 SF
Financed 291 days ago
Summary
Loan
NEW YORK
MultiFamily
13,080 sqft
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
All
3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Nihad Choudhury, Abe Cohen & Robert Tobias
DATE: 03/03/2023
ADDRESS: 350 5th Street & 372 Baltic Street
MARKET: Park Slope & Prospect Park
ASSET TYPE: Multifamily ~ SF: 13,080 ~ UNITS: 16
LANDLORD: Conway Capital - Abe Cohen (@Abe_R_Cohen)
LENDER: LMF Commercial - Nihad Choudhury (@NihadChy)
BROKER: Robert Tobias
LOAN AMOUNT: $6,300,000
LOAN TYPE: Refinance
LOAN TERMS: CMBS: 10-year full IO, 78% LTCView on map
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Address350 5th Street
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