Knickpoint Ventures Secures $38M Loan For Self-Storage Properties In Dumbo, University Heights & South Bronx

160 John Street, 2165 Jerome Avenue. & 1045 Webster

99,270 SF

Financed 1 year ago

Summary

Loan

NEW YORK

99,270 sqft

A self-storage property located at 160 John St., 2165 Jerome Ave., and 1045 Webster in Dumbo, University Heights, and South Bronx was involved in a recent transaction.

Summary of transaction details

Property Type: Self-Storage
Transaction Amount: $38,000,000
Date: 04/23/2021
Lender: M&T Bank
Landlord: Knickpoint Ventures

The loan amount for this transaction was $38,000,000. The lender involved in the deal was M&T Bank, and the landlord represented by Knickpoint Ventures. The property is situated in Dumbo, University Heights, and South Bronx, known for their vibrant communities and diverse business landscapes.

Details

Deal Summary

FINANCED

IMAGE: Matt Sprayregen DATE: 04/23/2021 ADDRESS: 160 John St., 2165 Jerome Ave. & 1045 Webster MARKET: Dumbo, University Heights & South Bronx ASSET TYPE: Self-Storage LENDER: M&T Bank LANDLORD: Knickpoint Ventures - @MattSprayregen_ LOAN AMOUNT: $38,000,000

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Address160 John Street, 2165 Jerome Avenue. & 1045 Webster

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