Chase Bank Provides $22.7M Refinance Loan For Brooklyn Multifamily Portfolio | 820 East 10th Street | Jacob Schmuckler, Meir Schlusselberg | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

A multifamily portfolio consisting of 323 units located at 820 East 10th Street, 2775 East 16th Street, 1681 49th Street, 1205 Avenue R, 2101 Bay Ridge Parkway, and 5512-5520 15th Avenue in Brooklyn has been involved in a loan refinancing transaction.

Summary of transaction details

Property Type: Multifamily Portfolio
Transaction Amount: $22,700,000
Lender: Chase Bank
Brokers: Jacob Schmuckler and Meir Schlusselberg - Meridian Capital Group
Loan Type: Refinance
Loan Terms: 5.57%

The loan refinancing transaction was facilitated by Jacob Schmuckler and Meir Schlusselberg from Meridian Capital Group. Chase Bank provided the refinancing loan of $22,700,000 at a rate of 5.57%.

Players

All
3

Agents
2
Agencies
1

$71.3M Sold

$61.8M Sold

Meridian Capital Group

Details

Deal Summary

FINANCED

IMAGE: Jacob Schmuckler & Meir Schlusselberg DATE: 07/21/2023 ADDRESS: 820 East 10th Street, 2775 East 16th Street, 1681 49th Street, 1205 Avenue R, 2101 Bay Ridge Parkway & 5512-5520 15th Avenue MARKET: Brooklyn ASSET TYPE: Multifamily Portfolio ~ UNITS: 323 LENDER: Chase Bank (@Chase) BROKERS: Jacob Schmuckler & Meir Schlusselberg (@MeirSchluss) - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $22,700,000 LOAN TYPE: Refinance LOAN TERMS: 5.57%

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Address820 East 10th Street

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