Caro Enterprises obtained financing of $10M from New York Community Bank

Caro Enterprises through the entity Manhattanview Terrace, Inc. as borrower signed a loan agreement with lender New York Community Bank valued at $10.2 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 120 residential units at 34-43 Crescent Street in Astoria. The deal closed on August 28, 2019 and was recorded on September 09, 2019.
The property contains a total of 103,850 square feet of built space.
The average loan per unit is $85,333.

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

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