Aleksander Goldin obtained financing of $67M from Citi Real Estate Funding

Aleksander Goldin through the entity Lincoln Sponsor LLC as borrower signed a loan agreement with lender Citi Real Estate Funding Inc. valued at $67.0 million for 2 parcels, including the tax class land not zoned residential or Manhattan below 110th Street (V1) and containing 175 residential units at 31 Lincoln Road, 510 Flatbush Avenue in Prospect Lefferts Gdns. The deal closed on July 19, 2019 and was recorded on July 29, 2019.
The property contains a total of 274,524 square feet of built space.
The average loan per unit is $382,857.
The last time the property sold was August 03, 2011, for $6,500,000.
The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 90 residential (or hotel) units on January 23, 2018.
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 $307,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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