Meridian Capital Group Facilitates $83M Loan For Acquisition Of 2802-2816 Frederick Douglass Boulevard In NYC | 2802-2816 Frederick Douglass Boulevard | Israel Mermelstein, Jack Mcphail, Morris Betesh | Other | Loan

Summary

Loan

NEW YORK

Other

436,115 sqft

The recently closed transaction involved the acquisition of residential apartment buildings located at 2802-2816 Frederick Douglass Boulevard in New York City. The property spans a total area of 436,115 square feet and comprises a total of 537 units. The market value of this asset is currently undisclosed.

Summary of transaction details

Property Type: Residential Apartment Buildings
Transaction Amount: $83,000,000
Loan Type: Acquisition

The deal was facilitated by Morris Betesh, Jack McPhail, and Israel Mermelstein of the Meridian Capital Group, who represented the parties involved in the transaction as brokers.

Players

All
4

Agents
3
Agencies
1

Senior Managing Director

$754.4M Sold

Meridian Capital Group

Details

Deal Summary

FINANCED

IMAGE: Jack McPhail, Morris Betesh & Israel Mermelstein DATE: 06/02/2023 ADDRESS: 2802-2816 Frederick Douglass Boulevard MARKET: New York City ASSET TYPE: Residential Apartment Buildings ~ SF: 436,115 ~ UNITS: 537 BROKERS: Morris Betesh, Jack McPhail & Israel Mermelstein - Meridian Capital Group LOAN AMOUNT: $83,000,000 LOAN TYPE: Acquisition

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Address2802-2816 Frederick Douglass Boulevard

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