8 Centre Realty LLC obtained financing of $11M from Signature Bank

8 Centre Realty LLC as borrower signed a loan agreement with lender Signature Bank valued at $10.5 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 16 residential units at 67 1 Avenue in East Village. The deal closed on August 21, 2019 and was recorded on September 03, 2019.
The property contains a total of 11,517 square feet of built space.
The average loan per unit is $656,250.
The last time the property sold was November 12, 2013, for $7,500,000.

Over the past five years, there have been 7 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 7 renovation/alteration projects (A2) applied for with a total estimated value of $440,190.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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