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JPMorgan Chase Bank Provides $25M Loan For 128,000 SF Office Building In Downtown Brooklyn

50 Court Street
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This Office property located in NY received a loan of $25,000,000 over 2 years ago.

Located at 50 Court Street in Downtown Brooklyn, this office property spans 128,000 square feet. The transaction, which took place on 08/12/2021, involved a loan amount of $25,000,000 provided by JPMorgan Chase Bank. The property is owned by Joseph P. Day Realty and was represented by Larry Wohl & Barry Jacobson.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $25,000,000
  • Address: 50 Court Street
  • Market: Downtown Brooklyn
  • SF: 128,000
  • Lender: JPMorgan Chase Bank
  • Landlord: Joseph P. Day Realty - Larry Wohl & Barry Jacobson

The deal was facilitated by Larry Wohl & Barry Jacobson of Joseph P. Day Realty, representing the landlord in this transaction. They played a key role in securing the loan from JPMorgan Chase Bank, allowing for the successful completion of the deal.

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Deals
  • Location
    50 Court Street, Brooklyn, NY, USA50 Court Street, Brooklyn, NY, USA
  • Loan Value
    $25,000,000$25,000,000
  • Asset Type
    OfficeOffice
  • Parties
    1 Lender1 Lender

JPMorgan Chase

JPMorgan Chase

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Volume$ 2.2T

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Deal Summary

LOAN IMAGE: Larry Wohl & Barry Jacobson DATE: 08/12/2021 ADDRESS: 50 Court Street MARKET: Downtown Brooklyn ASSET TYPE: Office ~ SF: 128,000 LENDER: JPMorgan Chase Bank LANDLORD: Joseph P. Day Realty (@JPDayRealty) - Larry Wohl & Barry Jacobson LOAN AMOUNT: $25,000,000

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