Brooklyn Multifamily Property Refinanced for $18M by Greystone

Brooklyn Multifamily Property Refinanced for $18M by Greystone

Greystone has provided an $18.3 million Fannie Mae loan to refinance a 154-unit multifamily property located at 400 Herkimer Street in Bedford-Stuyvesant, Brooklyn. The six-story residential building offers studios to three bedroom apartments. Anthony Cristi of Greystone originated the fixed rate financing with a 10 year term and 30 year amortization.

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Steve Griffin

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About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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