{"id":318891,"date":"2026-08-11T19:36:29","date_gmt":"2026-08-11T19:36:29","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/318891\/"},"modified":"2026-08-11T19:36:29","modified_gmt":"2026-08-11T19:36:29","slug":"marcus-millichap-capital-secures-9-79-million-for-13575-s-f-mixed-use-nyrej","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/318891\/","title":{"rendered":"Marcus &#038; Millichap Capital secures $9.79 million for 13,575 s\/f mixed-use : NYREJ"},"content":{"rendered":"<p style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"450\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/08\/235-237 Kent Ave-paper.jpg\" width=\"800\"\/><\/p>\n<p>Brooklyn, NY <a class=\"connect_link\" href=\"https:\/\/nyrej.com\/directory\/marcus-millichap\" rel=\"nofollow noopener\" target=\"_blank\">Marcus &amp; Millichap<\/a> Capital Corp. (MMCC) arranged $9.79 million in financing for the acquisition of a 13,575 s\/f mixed-use multifamily and retail property located at 235-237 Kent Ave.<\/p>\n<p>Bradley Buzil, senior director in MMCC\u2019s Los Angeles office, secured a five-year, fixed-rate non-recourse loan with five years of interest-only payments at 60% loan-to-value with a national bank on behalf of the buyer.<\/p>\n<p>The property features ground-floor retail space with 11 multifamily units on the upper three floors. Amenities include on-site laundry and roof access with a waterfront view. It is located near the East River waterfront and Domino Park, and within close proximity to the MTA<\/p>\n<p>\u201cThe property\u2019s Williamsburg location, mixed-use profile and proximity to the waterfront supported strong lender interest,\u201d said Buzil. \u201cWe secured a non-recourse solution that aligned with the buyer\u2019s acquisition strategy and long-term business plan, locking a rate well below market even as indexes ran up materially through the process.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Brooklyn, NY Marcus &amp; Millichap Capital Corp. (MMCC) arranged $9.79 million in financing for the acquisition of a&hellip;\n","protected":false},"author":2,"featured_media":318892,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[9,24,63,122,124,123],"class_list":["post-318891","post","type-post","status-publish","format-standard","has-post-thumbnail","category-queens","tag-new-york","tag-new-york-city","tag-nyc","tag-queens","tag-queens-headlines","tag-queens-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/318891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=318891"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/318891\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/318892"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=318891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=318891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=318891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}