Channy Drizin LLC obtained financing of $6M from JPMorgan Chase Bank

Channy Drizin LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank, N.A. valued at $5.7 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 44 residential units at 672 Empire Boulevard in Flatbush. The deal closed on July 23, 2019 and was recorded on August 05, 2019.
The property contains a total of 39,520 square feet of built space. The property has 5,060 square feet of available development rights.
The average loan per unit is $129,318.

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