JPMorgan Chase Bank Provides $25M Loan For 128,000 SF Office Building In Downtown Brooklyn

Located at 50 Court Street in Downtown Brooklyn, this office property spans 128,000 square feet. The transaction, which took place on 08/12/2021, involved a loan amount of $25,000,000 provided by JPMorgan Chase Bank. The property is owned by Joseph P. Day Realty and was represented by Larry Wohl & Barry Jacobson.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $25,000,000
• Address: 50 Court Street
• Market: Downtown Brooklyn
• SF: 128,000
• Lender: JPMorgan Chase Bank
• Landlord: Joseph P. Day Realty - Larry Wohl & Barry Jacobson

The deal was facilitated by Larry Wohl & Barry Jacobson of Joseph P. Day Realty, representing the landlord in this transaction. They played a key role in securing the loan from JPMorgan Chase Bank, allowing for the successful completion of the deal.