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TF Cornerstone Acquires Multifamily Property In Williamsburg For $35.5M

223 North 8th Street
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This MultiFamily property located in NY received a loan of $33,000,000 about 4 years ago. The brokers of the deal were Steven (Steve) Klein and Geoff Goldstein

The multifamily property located at 223 N. 8th St. in Williamsburg recently underwent a closed transaction. The property spans over 64,641 square feet and comprises 95 units. TF Cornerstone serves as the landlord for this asset.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $35,500,000
  • Loan Type: Acquisition
  • Lender: Nationwide
  • Brokers: Geoff Goldstein, Steven Klein, Ricky Song, and Joy Ryoo from JLL

JLL represented the buyer's interests in this deal, with Geoff Goldstein, Steven Klein, Ricky Song, and Joy Ryoo acting as their brokers. In addition, the loan for this acquisition was provided by Nationwide.

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Deals
  • Location
    223 N 8th St, Brooklyn, NY 11211, USA223 N 8th St, Brooklyn, NY 11211, USA
  • Loan Value
    $33,000,000$33,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Steven (Steve) Klein

Steven (Steve) Klein

Deals29
Financed$2.1B

Geoff Goldstein

Geoff Goldstein

Deals39
Financed$6B

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

Deal Summary

LOAN IMAGE: Joy Ryoo, Geoff Goldstein, Steven Klein & Ricky Song DATE: 04/27/2022 ADDRESS: 223 N. 8th St. MARKET: Williamsburg ASSET TYPE: Multifamily ~ SF: 64,641 ~ UNITS: 95 LENDER: Nationwide LANDLORD: TF Cornerstone (@TfCornerstone) BROKERS: Geoff Goldstein, Steven Klein, Ricky Song & Joy Ryoo - JLL (@Jll) (@Jll_USA) LOAN AMOUNT: $35,500,000 LOAN TYPE: Acquisition

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223 North 8th Street

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