136 Ppw Residences, LLC obtained financing of $5M from First Republic Bank

136 Ppw Residences, LLC as borrower signed a loan agreement with lender First Republic Bank valued at $5.3 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 18 residential units at 136 Prospect Park West in Park Slope. The deal closed on July 11, 2019 and was recorded on July 22, 2019.
The property contains a total of 20,562 square feet of built space.
The average loan per unit is $291,667.

Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel. There were 3 renovation/alteration projects (A2) applied for with a total estimated value of $272,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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