Gershon & Co. Secures $34.4M Loan For Multifamily Property On Hope Street In Williamsburg, Brooklyn
55 Hope Street
MultiFamily
121,336 SF
121,336 SF
Summary
A loan transaction was recently closed in Williamsburg, Brooklyn. The property involved in the transaction is a multifamily asset located at 55 Hope Street. The loan was provided by MF1 Capital, with Michael Squires serving as the lender's representative. The loan amount was $34,400,000, and the terms of the loan include a 5-year term with a 3.65% interest rate and interest-only payments.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $34,400,000
- Address: 55 Hope Street
- Market: Williamsburg, Brooklyn
Representing the landlord in this transaction is Gershon & Co. The broker responsible for facilitating the deal is Steven Rock from Marcus & Millichap Capital Corp. Capital Markets. It's worth noting that Steven Rock can be directly contacted for more information. His contact details are as follows:
- Steven B. Rock, First Vice President
- Direct Phone: (914) 220-9751
- Main Phone: (914) 220-9730
- Mobile: (914) 715-0965
- Email: [email protected]
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55 Hope Street
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