Albert Srour borrows $6.6M from New York Community for multifamily in Bay Ridge

Albert Srour through the entity 8300 4th Avenue Mgt Corp. as borrower signed a loan agreement with lender New York Community Bank valued at $6.6 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 69 residential units at 8300 4th Avenue in Bay Ridge. The deal closed on August 4, 2020 and was recorded on August 6, 2020.
The property contains a total of 45,588 square feet of built space.
The average loan per unit is $95,464.
The last time the property sold was August 30, 2012, for $9,000,000.

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