Hirshmark Capital Provides $4M Construction Loan For Multifamily Project In Brooklyn | 571 Ocean Parkway | Max Goveia, Jake Soodek | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

25,000 sqft

A construction loan has been secured for a multifamily property located at 571 Ocean Parkway in Brooklyn. The asset encompasses approximately 25,000 square feet and features a total of 30 units. The loan, amounting to $4,000,000, was provided by Hirshmark Capital. Alex Nad is the landlord of the property.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $4,000,000
Address: 571 Ocean Parkway, Brooklyn
Market: Brooklyn
Square Footage: 25,000
Number of Units: 30

Jake Soodek from Hirshmark Capital and Max Goveia from Leviathan Capital acted as brokers in this deal representing their respective agencies.

Players

All
3

Agents
2
Agencies
1

Max Goveia

Associate

Jake Soodek

Director of Acquisitions & Originations

$6.3M Sold

Leviathan Capital

Details

Deal Summary

FINANCED

IMAGE: Jake Soodek & Max Goveia DATE: 09/13/2021 ADDRESS: 571 Ocean Parkway MARKET: Brooklyn ASSET TYPE: Multifamily ~ SF: 25,000 ~ UNITS: 30 LENDER: Hirshmark Capital LANDLORD: Alex Nad BROKERS: Jake Soodek (@JakeSoodek) - @HirshmarkCapital & Max Goveia - @LeviathanCapital LOAN AMOUNT: $4,000,000 LOAN TYPE: Construction Loan

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Address571 Ocean Parkway

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