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AbeCo Organization And Patricia G. Lampl Secure $37M Refinance From Morgan Stanley For Retail Property

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FINANCED
$37,000,000

New York

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Retail140,000 SF
Financed
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FINANCED

AbeCo Organization And Patricia G. Lampl Secure $37M Refinance From Morgan Stanley For Retail Property

10 Graham Avenue

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Retail140,000 SF
Financed
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$264
Total Square Footage:140000 SF
Transaction Type:Loan

The property asset involved in the context is a 140,000-square-foot retail space located at 10 Graham Avenue in Williamsburg, Brooklyn. The transaction involves a refinance loan amounting to $37,000,000 secured by AbeCo Organization and Patricia G. Lampl via Reva Propco LLC with Morgan Stanley.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $37,000,000
  • Address: 10 Graham Avenue
  • Market: Williamsburg, Brooklyn
  • Lender: Morgan Stanley
  • Landlord: Abe Betesh - Abeco Organization & Patricia G. Lampl
  • Loan Type: Refinance

AbeCo Organization and Patricia G. Lampl, utilizing Reva Propco LLC, played a key role in securing the refinance arrangement. The refinancing is pivotal for the management and operational capacity of the significant retail property in a bustling Brooklyn neighborhood.

Players

LENDER

Abe Betesh
7 deals$52.6M volume
LANDLORD

Details

FINANCED
IMAGE: 03/02/2026 ADDRESS: 10 Graham Avenue MARKET: Williamsburg, Brooklyn ASSET TYPE: Retail ~ SF: 140,000 LENDER: Morgan Stanley (@Morgan.Stanley) LANDLORD: Abe Betesh - Abeco Organization & Patricia G. Lampl LOAN AMOUNT: $37,000,000 LOAN TYPE: Refinance NOTE: AbeCo Organization and Patricia G. Lampl, via Reva Propco LLC, secured a $37M refinance with Morgan Stanley for the 140,000-square-foot retail property at 10 Graham Street in Williamsburg, Brooklyn.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$37,000,000.00

Monthly NOI$246,666.67
Monthly Debt Service$233,865.17
Change in Cash Flow$0.00
Refinance Proceeds$0.00