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Hirshmark Capital Provides $3.5M Acquisition Loan For Sunset Park Development Site

801 65th Street
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This Development Site property located in NY received a loan of $3,500,000 about 2 years ago. The broker of the deal was Jake Soodek

A development site located at 801 65th Street in Sunset Park, Brooklyn has been involved in a recent closed property transaction. The property, with a buildable square footage (BSF) of 12,000, was acquired through an acquisition loan.

Summary of transation details

  • Property Type: Development Site
  • Transaction Amount: $3,500,000
  • Address: 801 65th Street
  • Market: Sunset Park, Brooklyn
  • BSF: 12,000

The lender in this transaction was Hirshmark Capital. The landlord of the development site is Efthimios Zisimopoulos. Jake Soodek, representing his agency, acted as the broker in the deal.

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Deals
  • Location
    801 65th Street, Brooklyn, NY 11220801 65th Street, Brooklyn, NY 11220
  • Loan Value
    $3,500,000$3,500,000
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    1 Broker, 1 Lender1 Broker, 1 Lender

Agent

Jake Soodek

Jake Soodek

Deals24
Financed$119.6M

Hirshmark Capital

Hirshmark Capital

Lender
Deals81
Volume$ 7.1B

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Deal Summary

LOAN IMAGE: Jake Soodek DATE: 12/29/2021 ADDRESS: 801 65th Street MARKET: Sunset Park, Brooklyn ASSET TYPE: Development Site ~ BSF: 12,000 LENDER: Hirshmark Capital LANDLORD: Efthimios Zisimopoulos BROKER: Jake Soodek (@JakeSoodek) LOAN AMOUNT: $3,500,000 LOAN TYPE: Acquisition

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801 65th Street

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