128-130 Brighton LLC obtained financing of $10M from First Republic Bank

128-130 Brighton LLC as borrower signed a loan agreement with lender First Republic Bank valued at $9.6 million for 1 parcel, including the tax class miscellaneous (K9) at 128 Brighton Beach Ave in Brighton Beach. The deal closed on July 24, 2019 and was recorded on August 01, 2019.
The property contains a total of 26,444 square feet of built space. The property has 6,744 square feet of available development rights.
The average loan per buildable square foot is $363.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel. There was one renovation/alteration project (A2) applied for with a total estimated value of $75,407.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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