USAA Real Estate has provided $57 million in acquisition financing for the multifamily condominium at 1 Flatbush Avenue, a brand new, class A mixed-use property in the heart of downtown Brooklyn.
Goldman Sachs is the owner, who paid $101.4 million for the asset in May to Slate Property Group and Meadow Partners.
1 Flatbush Avenue, developed in 2018, is a 19-story residential building with a retail component located in the heart of downtown Brooklyn. Consisting of 183 rental units that are efficiently designed, each unit features luxury finishes, including in-unit washer-dryers, stainless-steel appliances and custom kitchen cabinets. The property provides tenants with a market-leading amenity package, including a state-of-the-art fitness center with a yoga studio, resident lounge and landscaped roof deck.
