FINANCED
Duke Properties Acquires Brooklyn Multifamily From Valley National Bank
54 Cumberland Street
MultiFamily
6,264 SF
6,264 SF
Financed 1 year ago
Summary
Loan
NEW YORK
MultiFamily
6,264 sqft
Located at 54 Cumberland Street in Brooklyn, NY, a multifamily property was recently acquired/financed for a transaction amount of $2,059,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,059,000
- Address: 54 Cumberland Street, Brooklyn, NY
- Asset Type: Multifamily
Duke Properties, represented by Albert Dweck and Adam Sultan, served as the landlord for this transaction. Valley National Bank, led by Gerald H. Lipkin, provided the financing. The deal was facilitated by Brad Domenico from the Progress Capital agency.
Players
All
6
Agents
4
Agencies
2
Details
FINANCED
IMAGE: Gerald H. Lipkin, Brad Domenico (@domenico317) , Albert Dweck (@AjDweck) and Adam Sultan (@AdamSultan18)
DATE: 03/30/2018
ACQUIRED/FINANCED:
ADDRESS: 54 Cumberland Street, Brooklyn, NY
ASSET TYPE: Multifamily
LANDLORD: Duke Properties – Albert Dweck and Adam Sultan
LENDER: Valley National Bank – Gerald H. Lipkin
BROKER: Brad Domenico (@domenico317), Partner Progress Capital
AMOUNT: $2,059,000
SF: 5,940 […]View on map
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Address54 Cumberland Street
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