Baywest Realty, LLC obtained financing of $5M from New York Community Bank

Baywest Realty, LLC as borrower signed a loan agreement with lender New York Community Bank valued at $5.0 million for 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 43 residential units at 1525 West 11 Street in Gravesend. The deal closed on August 14, 2019 and was recorded on August 22, 2019.
The property contains a total of 33,600 square feet of built space.
The average loan per unit is $116,279.
The last time the property sold was January 01, 2013, for $2,550,000.

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