Metropolitan Commercial Bank Provides $14.25M Permanent Loan For Brooklyn Multifamily Property | 8904 5th Avenue | Metropolitan Commercial Bank | David Baker, James Murad, Adam Hakim | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

36,107 sqft

Located at 8904 5th Avenue in Brooklyn, this multifamily property spans approximately 36,107 square feet. The transaction took place on March 3, 2022, involving a loan provided by Metropolitan Commercial Bank.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $14,250,000
Market: Brooklyn
Lender: Metropolitan Commercial Bank
Brokers: Adam Hakim, James Murad & David Baker - Meridian Capital Group

The loan, amounting to $14,250,000, was secured for the purchase of this multifamily property on 5th Avenue. Acting on behalf of the parties involved, Adam Hakim, James Murad, and David Baker from Meridian Capital Group represented the deal.

Players

All
5

Agents
3
Agencies
1
Lenders
1

David Baker

Senior Associate

James Murad

Senior Vice President

Adam Hakim

Senior Managing Director

Meridian Capital Group

Metropolitan Commercial Bank

Details

Deal Summary

FINANCED

IMAGE: Adam Hakim, James Murad & David Baker DATE: 03/03/2022 ADDRESS: 8904 5th Avenue MARKET: Brooklyn ASSET TYPE: Multifamily ~ SF: 36,107 LENDER: Metropolitan Commercial Bank BROKERS: Adam Hakim, James Murad & David Baker - Meridian Capital Group LOAN AMOUNT: $14,250,000 LOAN TYPE: Permanent

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Address8904 5th Avenue

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