Signature Bank Provides $25M Loan For Industrial Property On Greenpoint Ave
236-250 Greenpoint Avenue
Industrial
395,000 SF
395,000 SF
Financed 1 year ago
Summary
A loan in the amount of $25,000,000 was provided for the industrial property located at 236-250 Greenpoint Ave in Greenpoint. The property spans approximately 395,000 square feet. It is situated in a vibrant market, making it a valuable asset in the area.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $25,000,000
- Address: 236-250 Greenpoint Ave
- Market: Greenpoint
- Square Footage: 395,000
The loan was secured through Signature Bank, with Joseph Fingerman representing the lender. The landlord of the property is Morty Yashar. The transaction was facilitated by brokers Isaac Filler and Yossi Koschitzki from Meridian Capital Group. Their expertise in the market played a significant role in the successful completion of the deal.
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4
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236-250 Greenpoint Avenue
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