Davean Holdings Refinances Cobble Hill Properties For $10.3M With LMF Commercial | 131 Smith Street & 181 Court Street | LMF Commercial | Jonathan Singer, Robert Tobias | Mixed-use | Loan

Summary

Loan

NEW YORK

Mixed-use

4,876 sqft

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $10,300,000
Units: 11
Address: 131 Smith St. & 181 Court St.
Market: Cobble Hill, Brooklyn
Lender: LMF Commercial (A Lennar Co.)
Landlord: Sean Lefkovits, David Lloyd & Lance Lefkovits
Brokers: Jonathan Singer - Strategic Funding & Robert Tobias - RJT Capital

Players

All
4

Agents
2
Agencies
1
Lenders
1

Jonathan Singer

Debt Placement Broker

Details

Deal Summary

FINANCED

IMAGE: David Lloyd, Sean Lefkovits & Lance Lefkovits DATE: 02/12/2021 ADDRESS: 131 Smith St. & 181 Court St. MARKET: Cobble Hill, Brooklyn ASSET TYPE: Mixed-use ~ UNITS: 11 LENDER: LMF Commercial (A Lennar Co.) LANDLORD: Sean Lefkovits (@4Lefko), David Lloyd (@DavidTLloyd) & Lance Lefkovits (@Lancealot815) - @DaveanHoldings BROKERS: Jonathan Singer - Strategic Funding;l & Robert Tobias - RJT Capital LOAN AMOUNT: $10,300,000 LOAN TERMS: 10-Years Fixed NOTE FROM LANDLORD: Both properties were purchased in 2020 in midst of the pandemic for $10,100,000 combined. Gut renovated and repositioned 11 Residential units with condo level finishes. Successfully refinanced for $10,300,000 within the year.

View on map

Address131 Smith Street & 181 Court Street

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want