770 Empire LLC obtained financing of $10M from New York Community Bank

770 Empire LLC as borrower signed a loan agreement with lender New York Community Bank valued at $10.4 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 84 residential units at 770 Empire Boulevard in Flatbush. The deal closed on August 26, 2019 and was recorded on September 03, 2019.
The property contains a total of 88,480 square feet of built space.
The average loan per unit is $123,786.
The last time the property sold was January 05, 2005, for $6,165,000.

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Direct link to the city’s interactive property map, ZOLA. link

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