Ali Mamudoski borrows $8M from Castellan Real Estate Partners for multifamily property in Soundview

Ali Mamudoski through the entity Boynton LLC as borrower signed a loan agreement with lender Castellan Real Estate Partners through the entity Creif 203 LLC valued at $7.5 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 83 residential units at 1135 Boynton Avenue in Soundview. The deal closed on January 16, 2020 and was recorded on February 4, 2020.
The property contains a total of 86,190 square feet of built space.
The average loan per unit is $90,361.
The last time the property sold was January 21, 2011, for $6,000,000.

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