Zyssel Reiner & Royal Builders Secure $22 Million Refinance Loan For Office In Bensonhurst

The property asset involved in this transaction is an office building located at 1514 60th Street in Bensonhurst, Brooklyn. The building consists of 64,743 square feet and is part of the commercial real estate market in the area. The loan amount secured for this property is $22,000,000, and the transaction type is refinancing.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $22,000,000
• Address: 1514 60th Street
• Market: Bensonhurst, Brooklyn
• Lender: Ponce Bank
• Landlord: Zyssel Reiner & Royal Builders
• Asset Size: 64,743 SF
• Loan Type: Refinance

Zyssel Reiner and Royal Builders, through 1530 60th LLC, are the entities responsible for securing the refinancing loan from Ponce Bank for this property transaction. Their involvement highlights the key players in this specific deal related to the refinance of the office building.