Albert Dweck Of Duke Properties Secures $1.6M Loan For Multifamily Property At 568 Jefferson Avenue In Bedford-Stuyvestant With Savoy Bank

568 Jefferson Avenue, Bedford-Stuyvesant, Brooklyn, NY, USA

$1,600,000

$727/SF

Building Size

2,200 SF

Asset Type

MultiFamily

Closing

Feb 1, 2021

AI

A $1,600,000 loan has been secured for a multifamily property located at 568 Jefferson Avenue in the Bedford-Stuyvestant market. The loan terms are for 12 months with interest-only payments.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $1,600,000
Address: 568 Jefferson Avenue
Market: Bedford-Stuyvestant

Savoy Bank provided the loan for this transaction. The landlord, Albert Dweck of Duke Properties, successfully secured the loan with the assistance of Brad Domenico and John Libretti of Progress Capital.

Players