Anshel Fridman borrows $31M from Arbor Realty Trust for rental property in Bedford-Stuyvesant

Anshel Fridman through the entity Kosciuszko Plaza LLC as borrower signed a loan agreement with lender Arbor Commercial Funding I LLC valued at $31 million for 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 95 residential units at 41 Kosciuszko Street in Bedford-Stuyvesant. The deal closed on February 1, 2021 and was recorded on February 5, 2021.
The property contains a total of 86,826 square feet of built space.
The average loan per unit is $326,105.
Fridman is president of Nalcorp, according to Fridman’s LinkedIn page. The last time the property sold was September 4, 2008 for $9,700,000.
Direct link to Acris document. link