Oceanfirst Bank Provides $32M Loan For Multifamily Property In Battery Park City

Howard Milstein, through Milstein Properties, has secured a loan of $32 million from Oceanfirst Bank for the multifamily property located at 99 Battery Place in Battery Park City. The property consists of 233 units and is part of the thriving real estate market in Battery Park City.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $32,000,000
• Address: 99 Battery Place
• Market: Battery Park City
• Lender: Oceanfirst Bank
• Landlord: Milstein Properties
• Units: 233

This transaction was facilitated by Howard Milstein's representative from Milstein Properties. The successful deal highlights the financial support provided by Oceanfirst Bank and the ongoing investment activities of Milstein Properties in the Battery Park City market.