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Maguire Capital Provides $16.5M Loan For Multifamily Properties In Williamsburg & Carroll Gardens

130 South 2nd Street, 318 Bedford Avenue, 740 Driggs Avenue, 178 Meserole Street, 180 Meserole Street, 182 Meserole Street, 440 Lorimer Street, 342 Rodney Street, 68 Carroll Street & 144 Huntington Street
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This MultiFamily property located in NY received a loan of $16,500,000 over 2 years ago.

The loan for the multifamily properties located at 130 South 2nd Street, 318 Bedford Avenue, 740 Driggs Avenue, 178 Meserole Street, 180 Meserole Street, 182 Meserole Street, 440 Lorimer Street, 342 Rodney Street, 68 Carroll Street, and 144 Huntington Street in Williamsburg and Carroll Gardens has been secured. The lender, Maguire Capital represented by Marvin Azrak, provided a loan amount of $16,500,000 with a term of 1 year. The landlord of the properties is Chaskiel Strulovitch.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $16,500,000

The loan was provided by Maguire Capital, with Marvin Azrak representing the lender in the deal. Chaskiel Strulovitch is the landlord of the properties.

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Deals
  • Location
    130 South 2nd Street, South Williamsburg, Brooklyn, NY, USA130 South 2nd Street, South Williamsburg, Brooklyn, NY, USA
  • Loan Value
    $16,500,000$16,500,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Lender1 Lender

Maguire Capital

Maguire Capital

Lender
Deals2
Volume$ 294.9M

Deal Summary

LOAN IMAGE: DATE: 07/12/2021 ADDRESS: 130 South 2nd Street, 318 Bedford Avenue, 740 Driggs Avenue, 178 Meserole Street, 180 Meserole Street, 182 Meserole Street, 440 Lorimer Street, 342 Rodney Street, 68 Carroll Street & 144 Huntington Street MARKET: Williamsburg & Carroll Gardens ASSET TYPE: Multifamily LENDER: Maguire Capital - Marvin Azrak LANDLORD: Chaskiel Strulovitch LOAN AMOUNT: $16,500,000 LOAN TERMS: 1-year

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