FINANCED
LMF Commercial Refinances Mixed-Use Property In Carroll Gardens, Brooklyn For $3.5M
561 Clinton Street
Retail
1,050 SF
1,050 SF
Financed 1 year ago
Summary
Loan
NEW YORK
Retail
1,050 sqft
Located at 561 Clinton St. in Carroll Gardens, Brooklyn, this mixed-use property spans 4,650 square feet. The transaction took place on 08/23/2022.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,500,000
- Market: Carroll Gardens, Brooklyn
- Lender: LMF Commercial (A Lennar Co.)
- Lender's Representative: Nihad Choudhury
- Landlord: Conway Capital
- Landlord's Representative: Abe Cohen
- Broker: Robert Tobias
- Broker's Agency: RJT Capital Partners
- Loan Type: Refinance
- Loan Terms: CMBS, 10-year fixed, full term IO
Nihad Choudhury, representing LMF Commercial (A Lennar Co.), provided the loan amount of $3,500,000 for the refinance transaction. The landlord, Conway Capital, was represented by Abe Cohen. Robert Tobias, from RJT Capital Partners, served as the broker in this deal.
Players
All
3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Nihad Choudhury, Abe Cohen & Robert Tobias
DATE: 08/23/2022
ADDRESS: 561 Clinton St.
MARKET: Carroll Gardens, Brooklyn
ASSET TYPE: Mixed-use ~ SF: 4,650
LENDER: LMF Commercial (A Lennar Co.) (@LennarHomes) - Nihad Choudhury (@NihadChy)
LANDLORD: Conway Capital - Abe Cohen (@Abe_R_Cohen)
BROKER: Robert Tobias - RJT Capital Partners (@RJTCapitalPartners)
LOAN AMOUNT: $3,500,000
LOAN TYPE: Refinance
LOAN TERMS: CMBS: 10-yr fixed, full term IOView on map
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Address561 Clinton Street
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