Sterling National Bank Provides $65M Refinancing For Williamsburg Apartments In Brooklyn

The Williamsburg properties at 520 Wythe Avenue, 19 South 11th Street, 26 South 10th Street, and 42 South 10th Street in Brooklyn, NY have been refinanced in a transaction worth $65 million. These four apartment buildings have been involved in the deal.

Summary of transaction details:

• Property Type: 4 Apartments Buildings
• Transaction Amount: $65M
• Landlord: Jacobowitz family – Bernard and David Jacobowitz
• Lender: Sterling National Bank – Jack L. Kopnisky

The transaction involved the Jacobowitz family, represented by Bernard and David Jacobowitz, as the landlords. The lender, Sterling National Bank, was represented by Jack L. Kopnisky.