Cheskie Weisz & Yaakov Klein Refinance Multifamily Property In Crown Heights For $22.75M With Peapack Gladstone Bank | 31 Brooklyn Avenue | Peapack Gladstone Bank | Michael Wittow, Leah Paskus | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

52,000 sqft

A multifamily property located at 31 Brooklyn Ave in Crown Heights has recently undergone a refinancing transaction. The property spans approximately 52,000 square feet and consists of 49 units.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $22,750,000
Address: 31 Brooklyn Ave
Market: Crown Heights
Loan Type: Refinance

The refinancing deal was facilitated by Vincent Spero, Doug Joyce, and Doug Kennedy from Peapack Gladstone Bank, who acted as the lenders. Cheskie Weisz and Yaakov Klein served as the landlords of the property.

The transaction was handled by Leah Paskus and Michael Wittow from Landstone Capital, who acted as the brokers in this deal.

Players

All
5

Agents
2
Agencies
2
Lenders
1

Michael Wittow

Senior Loan Officer

Leah Paskus

Chief Executive Officer

$105.4M Sold

Wittow Group

Landstone Capital Group

Peapack Gladstone Bank

Details

Deal Summary

FINANCED

IMAGE: Michael Wittow, Doug Kennedy, Vincent Spero, Cheskie Weisz & Doug Joyce DATE: 03/11/2022 ADDRESS: 31 Brooklyn Ave. MARKET: Crown Heights ASSET TYPE: Multifamily ~ SF: 52,000 ~ UNITS: 49 LENDER: Vincent Spero, Doug Joyce & Doug Kennedy - Peapack Gladstone Bank LANDLORD: Cheskie Weisz & Yaakov Klein BROKERS: Leah Paskus & Michael Wittow - Landstone Capital LOAN AMOUNT: $22,750,000 LOAN TYPE: Refinance

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Address31 Brooklyn Avenue

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