Hirshmark Capital Refinances Industrial Property In Canarsie, Brooklyn For $5.5M

Located at 723 Bristol Street in Canarsie, Brooklyn, this industrial property encompasses a spacious 45,000 square feet. The transaction, which took place on November 24, 2021, involved a loan refinancing.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $5,500,000
• Address: 723 Bristol Street
• Market: Canarsie, Brooklyn
• Lender: Hirshmark Capital
• Broker: Jake Soodek - Hirshmark Capital
• Loan Type: Refinance

An instrumental player in this deal was Jake Soodek from Hirshmark Capital, who represented the buyer. Hirshmark Capital provided a loan amount of $5,500,000 to facilitate the refinancing process. This transaction showcases the continued activity and growth in Canarsie, Brooklyn's industrial market.