FINANCED
The Loketch Group Acquires Office Property On Spencer Street In Williamsburg, Brooklyn For $17M
18 Spencer Street
Office
590,000 SF
590,000 SF
Summary
Loan
NEW YORK
Office
590,000 sqft
The office property located at 18 Spencer Street in Williamsburg, Brooklyn has been involved in a closed property transaction. The property spans approximately 59,000 square feet and was sold for a loan amount of $17,000,000. The transaction took place on November 18, 2019.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $17,000,000
- Address: 18 Spencer Street, Williamsburg, Brooklyn
- Market: Williamsburg, Brooklyn
- Square Footage: 59,000
Pinny and Moishe Loketch, from The Loketch Group, were the owners of the property. The lender in the transaction was Bridge Investment Group. The mortgage broker involved in the deal was MERIDIAN CAPITAL GROUP, represented by Michael Neumann, Morris Betesh, and others.
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4
Agents
3
Agencies
1
Details
FINANCED
IMAGE: Michael Neumann, Moishe Loketch, Morris Betesh, Pinny Loketch & Morris Dabbah
DATE: 11/18/2019
ADDRESS: 18 Spencer Street
MARKET: Williamsburg, Brooklyn
ASSET TYPE: Office
LOAN AMOUNT: $17,000,000
SF: 59,000
OWNER: Pinny and Moishe Loketch, The Loketch Group – @loketch_group
LENDER: Bridge Investment Group
MORTGAGE BROKER: MERIDIAN CAPITAL GROUP – Michael Neumann @ymneumann , Morris Betesh, […]View on map
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Address18 Spencer Street
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