Hammer of Meridian secures $8.45 million mortgage for 124-unit multifamily
Meridian negotiated a new mortgage in the amount of $8.45 million on a 124-unit multifamily building on Parsippany Rd. The loan features a rate of 4.5% and a five-year term. The transaction was negotiated by Judah Hammer of Meridian.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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