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Brooklyn Studio Compound Trades

NEW YORK CITY—The building at 260-272 Meserole houses multiple venues including The Wick, The Well, and The Sweatshop.

By David Phillips | Updated on March 31, 2015

NEW YORK CITY—Eastern Union Funding has arranged a $19.5 million acquisition loan for the $26 million purchase of a Brooklyn recording studio, pub, and artist compound. The firm was working on behalf of the buyer, operating as 270 Meserole Street LLC.

To facilitate this transaction, Eastern Union’s Jeff Seidenfeld negotiated a $19.5 million five year loan. Financing was arranged with Investors Bank, for the property which is located at 260-272 Meserole.

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