Ashkenazy Acquisition Corp. Secures $26.8M Loan For Brooklyn Shopping Center | 3779-3861 Nostrand Avenue | Daniel Fromm | Retail | Loan

Summary

Loan

NEW YORK

Retail

81,000 sqft

Ashkenazy Acquisition Corp. has closed on a shopping center in Brooklyn located at 3779-3861 Nostrand Ave. The property spans 81,000 square feet and was purchased with the assistance of a loan from Barclays Bank. The shopping center, under the ownership of Ashkenazy Acquisition Corp., is a valuable asset in the Brooklyn market.

Summary of transaction details

Property Type: Shopping Center
Transaction Amount: $26,775,000
Address: 3779-3861 Nostrand Ave
Market: Brooklyn
SF: 81,000

Daniel Fromm of Newmark Knight Frank acted as the broker in this transaction, representing Ashkenazy Acquisition Corp. The loan from Barclays Bank for $26,775,000 has a term of 10 years.

Players

All
2

Agents
1
Agencies
1

Daniel Fromm

Senior Managing Director

$62.3M Sold

Details

Deal Summary

FINANCED

IMAGE: Dan Levy and Daniel Fromm DATE: 12/27/2018 ADDRESS: 3779-3861 Nostrand Ave MARKET: Brooklyn ASSET TYPE: Shopping Center SF: 81,000 LANDLORD: Ashkenazy Acquisition Corp. @aacrealty LENDER: @barclaysbankus BROKER: Daniel Fromm @newmarkkf LOAN AMOUNT: $26,775,000 TERM: 10 Years

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Address3779-3861 Nostrand Avenue

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