Davean Holdings Secures $26M Loan For Mixed-Use Property On Macdougal Street In Greenwich Village
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This Mixed-use property located in NY received a loan of $26,000,000 over 2 years ago. The brokers of the deal were Eden Abraham, Sean Lefkovits, David Lloyd, Daniel Fromm, Dustin Stolly, and Jordan (Jordy) Roeschlaub
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- Location103 Macdougal Street, Brooklyn, NY 11233, USA
- Loan Value$26,000,000
- Asset TypeMixed-use
- Parties6 Brokers, 2 Agencies, 1 Lender
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Deal Summary
LOAN
IMAGE: Dustin Stolly, Jordy Roeschlaub, David Lloyd, Daniel Fromm, Sean Lefkovits & Eden Abraham
DATE: 08/00/2021
ADDRESS: 103-105 Macdougal Street
MARKET: Greenwich Village
ASSET TYPE: Mixed-use ~ SF: 40,000
LENDER: Sterling National Bank
LANDLORD: @DaveanHoldings - Sean Lefkovits (@4Lefko) & David Lloyd (@DavidTLloyd)
BROKERS: Dustin Stolly, Jordy Roeschlaub, Eden Abraham & Daniel Fromm @Newmark
LOAN AMOUNT: $26,000,000
LOAN TERMS: 3.125% Rate, 2 Years I/O, 5 Year Fixed
NOTE FROM @DaveanHoldings: Davean purchased the asset for $22.5M in the summer of 2020 & since closing has renovated 50+ residential units & leased out the 7,000+ square foot retail space. They are currently under contract on 12 properties. Please send more investment opportunities in Manhattan or Prime BK to 📧 [email protected]
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103-105 Macdougal Street
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