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Tavros Capital & Charney Companies Acquire Development Site In Brooklyn For $12.2M

251 Douglass Street
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This Development Site property located in CO received a loan of $12,200,000 almost 4 years ago.

A development site located at 251 Douglass Street in Brooklyn recently closed in a transaction. The property, which spans 38,000 square feet, was involved in the deal.

Summary of transaction details

  • Property Type: Development site
  • Transaction Amount: $12,200,000
  • Market: Brooklyn

Leading the transaction were Tavros Capital, represented by Nicholas Silvers, and @CharneyCompanies, represented by Sam Charney. CIT Bank provided a loan amount of $12,200,000 for the deal.

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Deals
  • Location
    251 Douglass St, Brooklyn, NY 11217, USA251 Douglass St, Brooklyn, NY 11217, USA
  • Loan Value
    $12,200,000$12,200,000
  • Asset Type
    Development SiteDevelopment Site

Deal Summary

IMAGE: Sam Charney & Nicholas Silvers DATE: 04/14/2020 ADDRESS: 251 Douglass Street MARKET: Brooklyn ASSET TYPE: Development site LENDER: CIT Bank* LANDLORD: Tavros Capital – Nicholas Silvers, @CharneyCompanies – Sam Charney LOAN AMOUNT: $12,200,000 BSF: 38,000

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