Moinian Group Secures $59.1M Loan For Multifamily Property At 1428 Fulton St., Bedford Stuyvesant

The multifamily property located at 1428 Fulton Street in Bedford Stuyvesant has recently undergone a closed transaction. The property consists of 132 units and is owned by the Moinian Group. The transaction took place on March 31, 2021, with a loan amount of $59,100,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $59,100,000
• Address: 1428 Fulton Street
• Market: Bedford Stuyvesant
• Units: 132
• Landlord: Moinian Group

Mitchell Moinian and Joseph Moinian are prominently involved in this transaction as representatives of the Moinian Group. Their expertise and negotiation skills played a key role in the successful completion of this deal. The loan amount of $59,100,000 highlights the magnitude and significance of this transaction.