David Bramble Of MCB Real Estate Secures $76.7M Construction Loan From Truist Bank In Bay Ridge

441 87th Street, 423 87th Street, 423 87th Street New Yrok & 460 86th Street

$76,700,000

$609/SF

Building Size

125,906 SF

Asset Type

Retail

Closing

Jul 28, 2026

AI

Three adjoining properties located at 441 87th Street, 423 87th Street, and 460 86th Street in Bay Ridge, Brooklyn, make up a retail asset totaling 125,906 square feet. The development site secures a significant $76.7 million construction loan from Truist Bank.

Summary of transaction details:

Property Type: Retail
Transaction Amount: $76,700,000
Lender: Truist Bank
Landlord: David Bramble - MCB Real Estate & Osiris Ventures
Total Buildable Area: 193,404 square feet

David Bramble represents MCB Real Estate and Osiris Ventures, who facilitated the acquisition of the construction loan for this extensive development project in the bustling Bay Ridge neighborhood.

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