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Rabsky Group lands refi for 395 Leonard Street

TD Bank is the lender

395 Leonard Street (Credit: Rabsky Group)

The Rabsky Group has secured an $88.2 million loan from Berkadia to refinance 395 Leonard Street in Williamsburg. The new mortgage replaces a $95 million loan provided by TD Bank in 2015, according to CO.

Building Details: The luxury rental building spans 186,779 SF, and contains 188 units. Apartment rents range from $2,860 per month (1 BR) to $4,615 (2 BR). 

Worth Noting: The new L Train plan calls for reduced service instead of a 15-month shutdown. Good news for tenants in this building.

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