FINANCED
Spencer Savings Bank Provides $2.5M Loan For Mixed-Use Property In Park Slope
335 Prospect Avenue
Mixed-use
2,128 SF
2,128 SF
Summary
Loan
NEW YORK
Mixed-use
2,128 sqft
335 Prospect Avenue in Park Slope has seen a recent closed transaction. The mixed-use property involved in this transaction was financed with a loan from Spencer Savings Bank. The loan amount of $2,500,000 represents a 75% Loan-to-Value (LTV) cash out.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $2,500,000
- Address: 335 Prospect Avenue
- Market: Park Slope
Abe Mann and Evan Boles of Progress Capital represented the landlord, Yosef Streicher, in this transaction.
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Details
FINANCED
IMAGE: Abe Mann & Evan Boles
DATE: 08/17/2021
ADDRESS: 335 Prospect Avenue
MARKET: Park Slope
ASSET TYPE: Mixed-use
LENDER: Spencer Savings Bank
LANDLORD: Yosef Streicher
BROKERS: Abe Mann (@AbeMann_) & Evan Boles (@EvanBoles_) - Progress Capital (@Progress.Capital)
LOAN AMOUNT: $2,500,000
LOAN TERMS: 75% LTV cash outView on map
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Address335 Prospect Avenue
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