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38,67,69 Granite Street & 251, 249, 220, 224, 226 Vernon Avenue 912 Bergen Street, 126 Boerum Street, 1486 Bushwick Avenue, 99 Rogers Avenue.
FINANCED

Brooklyn North Capital Secures $23.8M Loan For Multifamily Properties In Crown Heights & Bushwick

38,67,69 Granite Street & 251, 249, 220, 224, 226 Vernon Avenue 912 Bergen Street, 126 Boerum Street, 1486 Bushwick Avenue, 99 Rogers Avenue.

MultiFamily
75,674 SF
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Summary

Loan
NORTH CAROLINA
MultiFamily
75,674 sqft

A loan transaction has taken place in the Crown Heights and Bushwick market in Brooklyn. The property involved in the transaction is a multifamily asset located at 38, 67, and 69 Granite St, as well as 251, 249, 220, 224, 226 Vernon Ave, 912 Bergen St, 126 Boerum St, 1486 Bushwick Ave, and 99 Rogers Ave. The total square footage of the property is 75,674, and it consists of 26 units.

Summary of transaction details:

  • Property Type: Multifamily
  • Loan Amount: $23,800,935
  • Market: Crown Heights & Bushwick

The lender involved in this loan transaction is Sterling National Bank. The landlord of the property is Brooklyn North Capital.

Players

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  • Lenders

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Sterling National Bank's profile picture
Sterling National Bank
Sterling National Bank

Details

Deal Summary
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FINANCED
IMAGE: Guy Hochman & Menahem Chukroon DATE: 05/24/2021 ADDRESS: 38,67,69 Granite St & 251, 249, 220, 224, 226 Vernon Ave, 912 Bergen St, 126 Boerum St, 1486 Bushwick Ave, 99 Rogers Ave. MARKET: Crown Heights & Bushwick ASSET TYPE: Multifamily LENDER: Sterling National Bank LANDLORD: Brooklyn North Capital LOAN AMOUNT: $23,800,935 SF: 75,674 UNITS: 26

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Address38,67,69 Granite Street & 251, 249, 220, 224, 226 Vernon Avenue 912 Bergen Street, 126 Boerum Street, 1486 Bushwick Avenue, 99 Rogers Avenue.

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