Bronxdale Manor, LLC obtained financing of $17M from New York Commercial Bank

Bronxdale Manor, LLC as borrower signed a loan agreement with lender New York Commercial Bank valued at $17.4 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 140 residential units at 2011 Holland Avenue in Morris Park. The deal closed on December 27, 2018 and was recorded on September 10, 2019.
The property contains a total of 152,124 square feet of built space.
The average loan per unit is $124,286.
The last time the property sold was November 30, 2005, for $3,450,000.

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

Share this article