Greenline Development Refinances Multifamily Property In Greenpoint, Brooklyn For $13.15M With Lender Michael Hoffenberg - Trevian Capital | 540 Graham Avenue | Trevian Capital | Morris Betesh | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

16,834 sqft

The property involved in this transaction is a multifamily located at 540 Graham Avenue in Greenpoint, Brooklyn. It spans approximately 16,834 square feet and consists of 25 units. The loan transaction took place on December 28, 2023.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $13,150,000
Market: Greenpoint, Brooklyn
Address: 540 Graham Avenue
Square Footage: 16,834
Number of Units: 25

The lender in this transaction is Michael Hoffenberg from Trevian Capital. Greenline Development is the landlord. The broker involved in the deal is Morris Betesh from Meridian Capital Group.

Players

All
3

Agents
1
Agencies
1
Lenders
1

Morris Betesh

Senior Managing Director

$754.4M Sold

Meridian Capital Group

Trevian Capital

Details

Deal Summary

FINANCED

IMAGE: Morris Betesh & Michael Hoffenberg DATE: 12/28/2023 ADDRESS: 540 Graham Avenue MARKET: Greenpoint, Brooklyn ASSET TYPE: Multifamily ~ SF: 16,834 ~ UNITS: 25 LENDER: Michael Hoffenberg - Trevian Capital LANDLORD: Greenline Development BROKER: Morris Betesh - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $13,150,000 LOAN TYPE: Refinance

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Address540 Graham Avenue

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