ERG Commercial Real Estate Provides $2.8M Acquisition Financing For Brooklyn Multifamily Property | 624 E. 17th Street | ERG Commercial Real Estate | Jack Subers, Frank Stanislaski | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

6,300 sqft

The multifamily property located at 624 E. 17th Street in Brooklyn has undergone a recent transaction. The property spans approximately 6,300 square feet and consists of 6 units. The acquisition of this property has been facilitated through a loan provided by ERG Commercial Real Estate.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $2,800,000
Address: 624 E. 17th Street
Market: Brooklyn
Lender: ERG Commercial Real Estate
Landlord: Albert Dweck & Steven Ancona
Brokers: Frank Stanislaski & Jack Subers - Progress Capital
Loan Type: Acquisition

Frank Stanislaski and Jack Subers from Progress Capital represented the parties involved in this transaction.

Players

All
4

Agents
2
Agencies
1
Lenders
1

$12.5M Sold

ERG Commercial Real Estate

Details

Deal Summary

FINANCED

IMAGE: Frank Stanislaski & Jack Subers DATE: 02/10/2023 ADDRESS: 624 E. 17th Street MARKET: Brooklyn ASSET TYPE: Multifamily ~ SF: 6,300 ~ UNITS: 6 LENDER: ERG Commercial Real Estate (@ERG_CommercialRealEstate) LANDLORD: Albert Dweck (@DukeProperties21) & Steven Ancona (@Flatiron_Rea_Advisors) BROKERS: Frank Stanislaski (@Fstanisl) & Jack Subers (@JackSubers) - Progress Capital (@Progress.Capital) LOAN AMOUNT: $2,800,000 LOAN TYPE: Acquisition

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Address624 E. 17th Street

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