Cetinkaya Family Secures $1.9M Loan With M.Y Safra Bank For Cobble Hill Multifamily

The multifamily property located at 42 Butler St. in Cobble Hill, BK was involved in a closed transaction on February 28, 2019. The property spans a total area of 4,400 square feet.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,900,000
• Address: 42 Butler St., Cobble Hill, BK
• Lender: M.Y Safra Bank
• Landlord: Cetinkaya Family
• Loan Terms: cashout refi at 4.75%

The deal was facilitated by Danny Sassoon, a broker representing the parties involved in the transaction.