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Jonathan R. Zamir Of Keystone Equities Acquires Brooklyn Multifamily For $36.5M From Shimon Eisikowicz & Bhavik Khatri

Property Image
SOLD
$36,500,000

New York

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MultiFamily104,000 SF
Sold 12/27/2024
the dealdetailscomps
Property Image
SOLD

Jonathan R. Zamir Of Keystone Equities Acquires Brooklyn Multifamily For $36.5M From Shimon Eisikowicz & Bhavik Khatri

MultiFamily104,000 SF
Sold 12/27/2024
the dealdetailscomps

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$351
Total Square Footage:104,000 SF
Transaction Type:Sale

The transaction involved a multifamily asset located in Brooklyn, with a sale price of $36,500,000 and a total square footage of 104,000. The property was sold by Shimon Eisikowicz and Bhavik Khatri, representing Cross River. The deal highlights significant financial movement in the real estate market.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $36,500,000
  • Square Footage: 104,000
  • Buyer: Jonathan R. Zamir - Keystone Equities
  • Seller: Shimon Eisikowicz & Bhavik Khatri - Cross River

This transaction signifies a strategic partnership, with Keystone Equities announcing the acquisition of a newly originated construction loan from Cross River Bank. Keystone Equities has facilitated over $350 million in commercial real estate-backed loan transactions in the past 10 months, emphasizing their role in capital deployment within the market.

Details

SOLD
IMAGE: Shimon Eisikowicz, Jonathan R. Zamir & Bhavik Khatri DATE: 12/27/2024 MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Jonathan R. Zamir (@Jonny_Zamir) - Keystone Equities SELLER: Shimon Eisikowicz & Bhavik Khatri - Cross River (@CrossRiver_) SALE PRICE: $36,500,000 SF: 104,000 NOTE FROM SELLER: Keystone Equities is pleased to announce the acquisition of a $36.5 million newly originated construction loan from Cross River Bank. This transaction marks another milestone in their strategic partnership, which has facilitated over $350 million in commercial real estate-backed loan transactions in the past 10 months and speaks to Cross River’s focus on developing its distribution network to provide the market with high quality commercial real estate loans. As a leader in private credit and equity investments, Keystone Equities continues to strengthen its presence in the market by strategically deploying capital across the capital stack. The firm remains committed to acquiring and originating high-quality debt while selectively pursuing equity opportunities to create exceptional value for its investors and partners.

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