FINANCED
TerraCRG Partners Represents Buyer In $86.7M Acquisition & Construction Loan For Williamsburg Multifamily
575 Grand Street
MultiFamily
Financed 1 year ago
Summary
Loan
NEW YORK
MultiFamily
The property involved in this transaction is a multifamily asset located at 575 Grand Street in Williamsburg. It spans approximately 175,000 square feet and consists of 186 units. The transaction took place on 03/24/2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $86,700,000
- Address: 575 Grand Street
- Market: Williamsburg
- Square Footage: 175,000
- Number of Units: 186
The lender for this transaction was SCALE Lending, represented by Martin Nussbaum. The buyer's representative was Daniel Lebor & Dan Marks from TerraCRG Partners. The loan, valued at $86,700,000, was for the purpose of acquisition and construction. The landlord, Goose Property Management, was represented by Jacob Katz.
Players
All
3
Agents
2
Agencies
1
Details
FINANCED
IMAGE: Martin Nussbaum, Daniel Lebor & Dan Marks
DATE: 03/24/2022
ADDRESS: 575 Grand Street
MARKET: Williamsburg
ASSET TYPE: Multifamily ~ SF: 175,000 ~ UNITS: 186
LENDER: SCALE Lending - Martin Nussbaum
LANDLORD: Goose Property Management (@GoosePropertyManagement) - Jacob Katz
BUYER'S REP: Daniel Lebor & Dan Marks - TerraCRG Partners
LOAN AMOUNT: $86,700,000
LOAN TYPE: Acquisition & ConstructionView on map
Loading...
Address575 Grand Street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want