Dr. Ezra Dori & Dr. Robert Klinger Refinance Mixed-Use Property In Brooklyn For $2.75M | 685 Myrtle Avenue & 5724 New Utrecht Avenue | Daniel Kowalsky | Mixed-use | Loan

Summary

Loan

NEW YORK

Mixed-use

10,000 sqft

The mixed-use property located at 685 Myrtle Ave. & 5724 New Utrecht Ave. in Brooklyn has been involved in a recent loan transaction. The property spans approximately 10,000 square feet and is owned by Dr. Ezra Dori and Dr. Robert Klinger.

Summary of transaction details:

Property Type: Mixed-use
Transaction Amount: $2,750,000
Loan Type: Refinance Loan

The loan, secured against the property, amounts to $2,750,000. It is a 15-year self-liquidating loan, meaning there will be no outstanding debt balance at the end of the loan term. The loan was facilitated by Daniel Kowalsky of HKS Real Estate Advisors, who represented the parties involved in the transaction.

Players

All
2

Agents
1
Agencies
1

Daniel Kowalsky

Director of Financial Services

Details

Deal Summary

FINANCED

IMAGE: Daniel Kowalsky DATE: 02/28/2022 ADDRESS: 685 Myrtle Ave. & 5724 New Utrecht Ave. MARKET: Brooklyn ASSET TYPE: Mixed-use ~ SF: 10,000 LANDLORD: Dr. Ezra Dori & Dr. Robert Klinger BROKER: Daniel Kowalsky - HKS Real Estate Advisors LOAN AMOUNT: $2,750,000 LOAN TYPE: Refinance Loan NOTE FROM BROKER: 15-year self liquidating loan. Zero debt balance at end of term

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Address685 Myrtle Avenue & 5724 New Utrecht Avenue

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