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271 Parkside Avenue & 200 East 19th Street
FINANCED

Rosario Parlanti Secures $6M Acquisition Loan From Freddie Mac For Prospect Lefferts Gardens Multi-Family Property

271 Parkside Avenue & 200 East 19th Street

MultiFamily
50,000 SF
clock iconFinanced 1 year ago
Abe Mann
Aaron Jungreis
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Summary

Loan
NEW YORK
MultiFamily
50,000 sqft

The real estate transaction in Prospect Lefferts Gardens involved the acquisition of a multifamily property with a square footage of approximately 50,000. The property is located at 271 Parkside Ave & 200 E19th Street.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,000,000
  • Market: Prospect Lefferts Gardens
  • Loan Type: Acquisition
  • Loan Amount: $6,000,000
  • Loan Terms: 75% LTV, 3% fixed for 5 years, IO

The loan for the property was secured from Freddie Mac. The landlord involved in the transaction is Rosario Parlanti. The brokers who facilitated the deal were Abe Mann and Aaron Jungreis from Rosewood Realty Group.

Players

  • All

    5

  • Agents

    2

  • Agencies

    2

  • Lenders

    1

Abe Mann's profile picture
Abe Mann
Mann Capital Advisors-image
Commercial Mortgage Broker
$14.8M Sold
Aaron Jungreis's profile picture

Details

Deal Summary
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FINANCED
IMAGE: Abe Mann & Aaron Jungreis DATE: 04/27/2022 ADDRESS: 271 Parkside Ave & 200 E19th Street MARKET: Prospect Lefferts Gardens ASSET TYPE: Multifamily ~ SF: 50,000 LENDER: Freddie Mac LANDLORD: Rosario Parlanti BROKERS: Abe Mann (@AbeMann_) & Aaron Jungreis - Rosewood Realty Group (@RosewoodRG) LOAN AMOUNT: $6,000,000 LOAN TYPE: Acquisition LOAN TERMS: 75% LTV, 3% fixed for 5 years, IO

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Address271 Parkside Avenue & 200 East 19th Street

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