Cohen & Perfetto LLP, a Manhattan-based real estate law firm, recently closed $4.1 million in financing on behalf of Storage Deluxe for a property at 362 4th Ave. in Brooklyn, N.Y.
The land parcel totals 14,420 square feet and contains a 9,525-square-foot office building, currently occupied by Nephro-Care Inc., a dialysis center. Storage Deluxe will begin to develop the site in 2013 when the tenant's lease expires.
This is an area of Brooklyn that is growing, and Storage Deluxe welcomes the opportunity to be a part of the new developments and changes in this neighborhood, said Steve Novenstein, president of Storage Deluxe Realty.
Last year, Cohen & Perfetto represented Storage Deluxe in the purchase of a building at 338 Third Ave., also in Brooklyn. That facility is scheduled to open in March, according to Storage Deluxe CEO Nick Coslov.
Louis Perfetto oversaw the transaction with Christine Mulryan, also of Cohen & Perfetto. Christopher K. Sowers Esq. represented the seller, Alfonso Figliolia.
Marshall Cohen and Perfetto formed their full-service, boutique real estate law firm in 2005. The company serves land developers, residential and commercial developers, banks, institutional and individual owners, landlords and tenants, and lenders and borrowers. The firm has experience in handling many types of commercial real estate transactions.