41 Eastern Parkway cooperative borrows $11M from NCB for property in Prospect Heights

41 Eastern Parkway cooperative as borrower signed a loan agreement with lender NCB (which assigned the debt to Fannie Mae) through the entity National Cooperative Bank, N.A. valued at $11.3 million for 1 parcel, including the tax class cooperative (D4) and containing 67 residential units at 41 Eastern Parkway in Prospect Heights. The deal closed on June 8, 2020 and was recorded on June 23, 2020.
The property contains a total of 125,300 square feet of built space.
The average loan per unit is $153,731.

Over the past five years, there have been 10 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. Of those there was one major renovation application including a certificate of occupancy change (A1) filed with a total estimated value of $4,000. There were 9 renovation/alteration projects (A2) applied for with a total estimated value of $1,573,057.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link