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Island Federal Credit Union Provides $1.2M Loan For Industrial Property In Brooklyn

137 Liberty Avenue
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This Industrial property located in NY received a loan of $1,200,000 over 3 years ago. The broker of the deal was James Hansen

The industrial property located at 137 Liberty Avenue in Brooklyn has recently been involved in a loan transaction. The property spans 8,794 square feet and is owned by McNelly Enterprises.

Summary of transation details

The loan for this property was provided by Island Federal Credit Union. James Hansen from Highcap Group represented the parties involved in this deal. The agreed loan amount was $1,200,000 with a fixed term of 5 years at an interest rate of 3.5%.

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Deals
  • Location
    137 Liberty Avenue137 Liberty Avenue
  • Loan Value
    $1,200,000$1,200,000
  • Asset Type
    IndustrialIndustrial
  • Parties
    1 Broker, 1 Agency, 1 Lender1 Broker, 1 Agency, 1 Lender

Agent

James Hansen

James Hansen

Deals2
Financed$2.2M

Agency

Highcap Group

Highcap Group

Agency
Deals90
Volume$597.6M

Island Federal Credit Union

Island Federal Credit Union

Lender
Deals5
Volume$ 1.3B

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Deal Summary

LOAN IMAGE: James Hansen DATE: 11/06/2020 ADDRESS: 137 Liberty Avenue MARKET: Brooklyn ASSET TYPE: Industrial ~ SF: 8,794 LENDER: Island Federal Credit Union LANDLORD: McNelly Enterprises BROKER: James Hansen - @Highcap_Group AMOUNT: $1,200,000 TERMS: 5 year fixed at 3.5%

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137 Liberty Avenue

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